Essays about: "Felipe Gómez de Larrain"

Found 1 essay containing the words Felipe Gómez de Larrain.

  1. 1. The Power of Long-Term Profitability and Compounding Effects: Empirical Evidence from the US American Market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Felipe Gómez de Larrain; Joachim Bersztel; [2016]
    Keywords : investment strategy; long-term horizon; return predictability; compounding effects;

    Abstract : For the US American market, we examine whether a ten-year non-rebalancing investment strategy that picks stocks largely based on historical return on equity and the degree to which a company reinvests earnings can beat the market. Delisted companies are sold and the proceeds reinvested along dividends at the market return, which we approximate by the Russell 3000 TR index. READ MORE