What Are Growth Stocks?

What Are Growth Stocks? Growth lies in the eye of the beholder. January 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYGrowth stocks can be defined via valuations, fundamentals, or performanceThese stocks have generated essentially zero excess returns...

The Mirage of Direct Indexing

The Mirage of Direct Indexing A rare free lunch? November 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CFA Institute’s Enterprising Investor blog. Here is the link.SUMMARYDirect indexing is one of the...

The Dead versus the Living Stocks

The Dead versus the Living StocksMeasuring the Zombification of Stock Markets Around the World November 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CAIA Association’s AllAboutAlpha blog. Here is...

Does Financial Leverage Make Stocks Riskier?

Does Financial Leverage Make Stocks Riskier?  Or asked differently, can companies boost returns via leverage? September 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by ETF Stream’s Beyond Beta Magazine....