Finance II at Tepper

Comparables and Facebook

smartmoney.com: http://blogs.smartmoney.com/advice/2012/05/29/a-safe-price-to-pay-for-facebook/

Nice for a valuation discussion.

How to short an IPO

How to short an IPO, from marketbeat: http://goo.gl/ZWKrf

IPO data from Jay Ritter

link here: http://bear.warrington.ufl.edu/ritter/ipodata.htm

Great data source.

Average hedge fund “alpha”

Read the second paragraph:

 http://blogs.wsj.com/deals/2012/04/10/hedge-fund-off-to-best-start-in-six-years/

But the industry’s performance still trailed U.S. stocks, which posted their strongest first-quarter gains in more than a decade this year. The Dow industrials ended the quarter up 8.1%.

Public pension woes

Why in the world would you expect municipal pensions to earn positive alphas? http://blogs.reuters.com/muniland/2012/03/28/playing-the-pension-games/

On stock analysts…

I wonder what the empirical evidence really is: http://goo.gl/invqE (ftalphaville link)

Questions about High Frequency Trading

http://johnhcochrane.blogspot.com/2012/02/weird-stuff-in-high-frequency-markets.html

at John Cochrane’s blog.

CBS covers the Fama-French factors

http://www.cbsnews.com/8301-505123_162-57378660/embrace-risk-but-only-over-the-long-haul/

via: Wayne Marr.

On the Dow Index

Why the Dow is a poor index

via: http://financeclippings.blogspot.com/

Vol based ETFs

http://www.bloomberg.com/news/2012-02-06/tail-risk-hedges-lure-money-even-after-stocks-january-surge.html