Numbers and Narrative: Modeling, Story Telling and Investing

When I put together the outline for my very first valuation class in 1986, I was warned by a senior faculty member not to go down that path....

Bubble, Bubble, Toil and Trouble: The Costs and Benefits of Market Timing

If you believe that the stock market is in a bubble, you have lots of company. You have long-time market watchers, the New York Times and e...