The Incredible January Effect

The Incredible January Effect digs into one of the mysteries of the stock market--that for decades, certain kinds of securities have been producing unaccountably high returns during the first month of the year. Enlightening and highly useful.

Table of contents

Risk management is a foundation discipline for the prudent conduct of investment management. Being effective requires ongoing evolution and adaptation. In The World of Risk Management, an expert team of contributors addresses the important issues arising in the practice of risk management. A common thread among these distinguished articles is a rigorous theoretical or conceptual basis as well as their practical significance. The topics include not only broad policy considerations but also detailed how-to prescriptions.

A fully updated guide to equity style management Pioneered by Nobel laureate William Sharpe, equity style management is derived from a correlation analysis of various equity style categories, such as value, growth, small cap, large cap and foreign stocks. In the Third Edition of The Handbook of Equity Style Management, twenty contributors from industry and academia help readers understand various equity style management issues, including equity style indices, different approaches to equity style measurement, foreign stock investing, tactical style management, behavioral aspects of equity style, and equity style benchmarks for manager selection and performance attribution. This updated edition gives readers the rationale behind equity style management, and shows how new strategies can be used to manage risk and improve returns.

Emmy was a good girl. At least she tried very hard to be good. She did her homework without being told. She ate all her vegetables, even the slimy ones. And she never talked back to her nanny, Miss Barmy, although it was almost impossible to keep quiet, some days. She really was a little too good. Which is why she liked to sit by the Rat. The Rat was not good at all . . . Hilarious, inventive, and irresistably rodent-friendly, Emmy and the Incredible Shrinking Rat is a fantastic first novel from acclaimed picture book author Lynne Jonell.

Sparked with wit and humor, this clever and insightful book provides clear evidence that the stock market is inefficient. In the author's view, models based on rational economic behavior cannot explain important aspects of market behavior. The book tackles important issues in today's financial market in a highly conversational and entertaining manner that will appeal to most readers. Chapter topics include: estimating expected return with the theories of modern finance, estimating portfolio risk and expected return with ad hoc factor models, payoffs to the five families, predicting future stock returns with the expected-return factor model, super stocks and stupid stocks, the international results, the topography of the stock market, the positive payoffs to cheapness and profitability, the negative payoff to risk, and the forces behind the technical payoffs to price-history. For anyone who wants to learn more about today's financial markets.

Michael Schofield’s daughter January is at the mercy of her imaginary friends, except they aren’t the imaginary friends that most young children have; they are hallucinations. And January is caught in the conflict between our world and their world, a place she calls Calalini. Some of these hallucinations, like “24 Hours,” are friendly and some, like “400 the Cat” and “Wednesday the Rat,” bite and scratch her until she does what they want. They often tell her to scream at strangers, jump out of buildings, and attack her baby brother. At six years old, January Schofield, “Janni,” to her family, was diagnosed with schizophrenia, one of the worst mental illnesses known to man. What’s more, schizophrenia is 20 to 30 times more severe in children than in adults and in January’s case, doctors say, she is hallucinating 95 percent of the time that she is awake. Potent psychiatric drugs that would level most adults barely faze her. A New York Times bestseller, January First captures Michael and his family's remarkable story in a narrative that forges new territory within books about mental illness. In the beginning, readers see Janni’s incredible early potential: her brilliance, and savant-like ability to learn extremely abstract concepts. Next, they witnesses early warning signs that something is not right, Michael’s attempts to rationalize what’s happening, and his descent alongside his daughter into the abyss of schizophrenia. Their battle has included a two-year search for answers, countless medications and hospitalizations, allegations of abuse, despair that almost broke their family apart and, finally, victories against the illness and a new faith that they can create a life for Janni filled with moments of happiness. A compelling, unsparing and passionate account, January First vividly details Schofield’s commitment to bring his daughter back from the edge of insanity. It is a father’s soul-baring memoir of the daily struggles and challenges he and his wife face as they do everything they can to help Janni while trying to keep their family together.