Senior Fellow, London School of Economics
Jakub W. Jurek
Assistant Professor of Economics, Princeton University
David L. and Elise M. Dodd Professor of Finance, Columbia Business School
*Remarks delivered by Patrick Bolton on behalf of Tano Santos" />
December 3, 2012
Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets
Paper Presentation II: “A Theoretical Analysis of Value and Momentum Strategies,” (Vayanos & Woolley, 2012)
- Paul Woolley, Senior Fellow, London School of Economics
- Tano Santos, Franklin Pitcher Johnson, Jr. Professor of Finance and Economics, Columbia Business School (comments presented by Patrick Bolton)
- Jakub Jurek, Assistant Professor, Economics, Princeton University
Paul Woolley presented a rational model that addresses momentum versus value investing, and considering, among other factors, the agency problem.
Read the transcript of this event: Woolley, Santos, Jurek, Theoretical Analysis of Value and Momentum
Part of the Sustainable Investment research initiative.