Academic Financial Economics Journal
Abandoned. 5-Page Summaries
including my personal views on meta-finance, professional ethics, economics, finance, etc.
fredcsv.html is a gateway URL to obtain FRED (Federal Reserve Economic Data) in a clean .csv file format, with one nice header line and dates converted to yyyymmdd format.
|Market - Rf||139% = 6%/year at 3.9% sd|
|HML||25% = 1.5%/year at 2.2% sd (note: 2016=23%!)|
|SMB||52% = 2.7%/year as 3.4% sd|
UCLA is the world's youngest top-20 university. It is the only one founded in the 20th century---May 23, 1919 to be exact. We are now coming up on our first centennial →.
In many rankings, UCLA is now the best public university in the United States →. I am especially proud that UCLA provides opportunities to students from lower socioeconomic strata. Whereas most Ivy Leagues cater to legacy (Harvard now admits 40% of legacy applicants; non-Asian minorities and athletes are similarly favored [many as wealthy as the legacy applicants, the rest often badly treated by the NCAA], while Asians are greatly discriminated against), UCLA caters relatively more to those who need and deserve fairer opportunities. UCLA is leading all major U.S. universities in students that receive Pell grants. I am not proud of our opposition to the ban on affirmative action. We should help those who are not privileged, regardless of race and ethnicity. Disproportionally many minority children deserve a better chance, but this is not because of their bloodline. Doing so also creates more tribalism, which I resent.
Don't miss my favorite site: Historical UCLA images → and here. In 1922, it looked like this from Pico Boulevard (and here. The P.E. track would become Santa Monica Blvd. The line of trees would become Beverly Glen. I also have the Anderson UCLA faculty facebook from 1991.
The 1960 California Master Plan for Higher Education set out the roles for its three major branches. "The University of California is designated the State's primary academic research institution and is to provide undergraduate, graduate and professional education. UC is to select students from among the top one-eighth (12.5\%) of the high school graduating class."
Interested to become a visiting scholar (or PhD student) at UCLA Anderson? Apologies, but we get more than 100 inquiries a year from researchers. I understand this very legitimate interest. I wish we could help. Unfortunately, UCLA Anderson finance has virtually no resources [time, office space, administrative arrangements] to accomodate visitors. Unless you already work with someone here at UCLA, it is very unlikely that UCLA will be able to accomodate you.
Interested to have me join as a coauthor on a project? Apologies, but I really work only locally on papers with close friends. I don't accept invitations to join other teams, no matter how well meant such invitations are. The problem is that I am just too busy with all the many projects I already have committed to. Nowadays, I only have negative time left.
- Sadly. more than entertaining: https://www.proprietarydataanalytics.com/.
- Eric Falkenstein's Risk and Return explained →
- Roy F. Baumeister response to letter to the editor
- Axel Leijonhufvud's Life Among the Econ
- Hitler's Publication Problems →
- Christopher Walken as a an economic census taker on SNL. (NBC sometimes has it working, sometimes not.)
- Greg Hampikian, When May I Shoot A Student? →
- Colbert on Reinhart-Rogoff's → spreadsheet error
- Spurious Correlations →
- German finance faculty in the US.