… As a result, Bauman and Miller found that investment research analysts systematically …
Scott Bauman, CFA, is a professor of finance and Robert E. Miller is Safety-Kleen Professor …

Foresightful investment analysts have long recognized the need to understand more clearly
the detailed processes underlying investment decisions-especially decisions made by …

The difference in performance between the value stock portfolio style and the growth stock
portfolio style appears to be due in part to forecasters placing too much importance on trends …

Security analysts provide estimates of long-term growth, as well as future corporate earnings
per share (EPS). This note explores whether a policy of investing in equities with high short-…

Recent studies identify stock return patterns associated with changes in Federal Reserve
monetary policy. We find that these return patterns prevail across sixteen industry stock indices. …

Investor Overreaction in Page 1 Investor overreaction in international stock markets W Scott
Bauman; C Mitchell Conover; Robert E Miller Journal of Portfolio Management; Summer …

This article examines long-run stock price response to investment analysts'
recommendations. Previous studies focused on the short-run stock price response to analysts' …

This paper seeks to provide a partial answer to the following set of questions: Is the investment
management and investment analysis of common stocks operationally more effective:(1) …

The ranking of investment performance of mutual funds and pension funds is more consistent
over time when evaluations are made over complete stock market cycles. The extent of …

Financial periodicals and pension fund consultants devote considerable attention to
measuring and ranking the investment performance of mutual fund and pension fund portfolio …