Getting My Geek On

I have said before that I am something of a geek. In addition to reading news, SEC filings and anything else I can get my hands on, I am fond of academic studies on the markets. I'm among a small group that passes these studies around like baseball cards, looking for an edge or additional tool to help us succeed. I skim a lot of them and throw them away because so much academic research is the result of a "publish or perish" mentality, which tends to produce faulty work with erroneous conclusions by authors writing for tenure and not for financial gain. A few, however, produce exploitable ideas that can make me a better investor.

I like was the work of recently deceased pioneer quantitative investor Robert Haugen. Along with Nardin Baker of Guggenheim Investments, he published a study entitled "Low Risk Stocks Outperform within All Observable Markets of the World." The paper was a follow-up to earlier work by the two that showed higher risk did not necessarily equal higher reward. This study applied the principle of buying less volatile stock to 33 different markets around the world between 1990 and 2011....546 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.