FAME

Over the years, we have had many opinions of Finance (see Remarks at this post on how it goes toward non-realistic models - how is it to not get so entrapped, given funny money is our norm?) Now, let's stop and look at FAME. In short, Finance and Accounting MEmos.

                      See, fame-jagazine.com.

Nice, like the business model which expends the effort to condense, summarize academic papers in order to present these little overviews in a coherent form. And, on-line access is free. The printed copy requires one to come up with money.

To date, there have been two publications. These will be the source for coming posts.

We will have to give a nod to editors and supporters. Great idea.

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As an aside, CALPERS seems to want to downplay equities. Perhaps, they're seeing that the aerated property causes things like the Minsky dump.

Remarks:  Modified: 08/12/2014

08/12/2014 --