All that matters in finance and risk management

Category Essential readings

Speculation, Protection, or Arbitrage – Why Do Investors Trade Credit Default Swaps?

Why do investors engage in credit default swap (CDS) trading? At first glance, you would assume that the main motive is to obtain protection against default risk. But of course, a CDS is a bilateral contract: for every protection buyer… Continue Reading →

Investor Sentiment – An Overview

Forecasting returns is the holy grail of investment – and finance researchers are also interested in whether returns can be predicted because it tells us whether markets are “informationally efficient” (and thinking about this has been rewarded with a Nobel… Continue Reading →

How to Time the Market Using the VIX

We already explored the VIX as a measure of uncertainty in our post from March 13, 2017. Academic research has also explored the VIX as a trading indicator.

Do female fund managers manage differently?

Women and men differ in their investment behavior and risk tolerance – the psychology and economics literature has documented this difference. Consequently, women are less likely to become investors, and when they do, they choose less risky investments. But is… Continue Reading →

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