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Required
Yield Theory: A New Approach to Asset Valuation *Disclaimer
Regarding Mr. Van Erlach* Short Essays and Opinion Pieces Extended
Albany Business Review Article: a Call for Sensible Solutions Near Collision: The Dalai Lama and the Financial Crisis The Nature of What is Knowable in Finance Why the Fed Should Not Mess with the 30-year Treasury The Dire Need for Chief Imagination Officers Prediction and the Overlooked Ingredients for Market
Recovery |
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Coverage of my research: NY
Times; Sell-Discipline;
CXO Advisory
Group Tools: The Faugère-Shawky
Formula for Tech Stocks; Value Investing; Other Resources for Investors Pedagogy: The Managerial
Economist’s Grid; Simulations; Finance Professor.com, The Dividend Policy Game Get to know Professor F: Past Mentors; Archeology; France; Elvis;
Adirondacks Photography (Coming Soon) Students’ careers: Money
Management Firms; Managing
Money My market estimates: S&P 500 Value, Equity Premium and Fear Premium (NEW!) BLOG Required
Yield Insights |
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Christophe Faugère,
Associate Professor and Chair of Finance |
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Welcome! My research work is on
asset valuation models (Technology Stocks[f1], S&P 500 Index[SoB2] , Gold[f3], Exchange Rates, Bonds
and Real Estate[f4]).
I am also interested in measuring the performance of institutional investors
(Institutional Ownership and Returns[f5]), and studying the
effectiveness of various decision criteria implemented by portfolio managers
(Sell-Discipline[f6]). My other current
projects involve examining issues of pay equity within a corporate governance
framework and examining the characteristics of value vs. growth portfolios
that are managed privately and publicly. Like many of my peers, I believe it is
important to do ‘meaningful’ research. For me, the bottom line is
when the problem tackled and the solutions offered have indisputable
relevancy and usefulness to the practice of the art, at least in the
foreseeable future. I personally strive to meet that standard. In this link, A
critical essay about the state of knowledge in Finance (circa 2004), I take the view that
our field has not answered very basic questions, and is still using very
blunt and often ineffective tools. In that essay I suggest that we, Finance
academics, may wish to adopt a stronger article of faith focusing on providing
solutions that work; the same way medicine and engineering sciences
have succeeded to do in the course of their history. Updated July 16, 2009
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