Micro Cap or Micro Crap Stocks?

Micro Cap or Micro Crap Stocks? The endless quest for hidden gems in the stock market April 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Small-cap stocks have struggled to outperform since Banz’s 1981 study on the size factor Micro-cap stocks...

Do-It-Yourself High-Dividend Strategies

Do-It-Yourself High-Dividend Strategies Generating a high return on capital while not risking the return of capital November 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Most high-dividend strategies trade income for capital returns Investors can...

Higher Volatility, Higher Alpha?

Higher Volatility, Higher Alpha? Theoretically, yes, practically, no October 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Intuitively fund managers should create more alpha when volatility is higher However, neither mutual nor hedge fund managers...