FOCUS IDEA

Read our latest thoughts on equity investing at times of high uncertainty

We develop systematic investment strategies for institutional investors.

Apr 303 min read

Six variables that predict defaults

We discuss which variables can help us predict corporate defaults The current pandemic is triggering a stark growth in corporate...

Mar 103 min read

9 facts about distress risk

We summarise all the findings of our articles on distress risk First, financial distress can be predicted by looking at a relatively...

Mar 102 min read

Robinhoods in search of jackpot stocks

We discuss the role of retail investors investing in distressed stocks We have done a series of posts on the returns of distress stocks....

Mar 13 min read

Is it worth investing in distressed stocks?

We investigate whether investing in stocks that are close to default generates a premium Hundreds of firms are going bust these days....

Feb 262 min read

When should you invest in distressed stocks?

We discuss the optimal timing of a strategy that invests in firms that are close to bankruptcy In a previous post, we provided evidence...

Feb 263 min read

Is there alpha in distressed stocks? (U.S. evidence)

We investigate whether distressed stocks carry a premium after controlling for the exposure of the portfolio to common factors, such as...

SMART INVESTING IS NO LONGER ABOUT PERSONALITIES, IT IS ABOUT HAVING THE RIGHT TRADING STRATEGY

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