McCombs Alumni Network News

From McCombs TODAY
Ten McCombs School faculty were honored by their peers at the McCombs Teaching and Research Awards ceremony May 4. Congratulations to these terrific faculty members on a job well done:
RESEARCH AWARDS
CBA Foundation Research Excellence Award for Assistant Professors
Alok Kumar, assistant professor, finance
For research excellence by an assistant professor in the McCombs School. Limited to tenure-track, [...]

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From Wall Street Journal in McCombs Today
The research of Alok Kumar, assistant professor of finance, was featured in a Wall Street Journal story about the tendency of investors to try to recoup losses quickly. The research will be published in an upcoming edition of the Journal of Finance, and a longer discussion of Kumar’s work [...]

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The socioeconomic characteristics of people who play state lotteries are similar to investors who pick stocks with a lottery quality—high risk with a small potential for high return, and just like the lottery, returns on average are lower for those who invest this way in the stock market, research from The University of Texas at [...]

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From McCombs TODAY

Theories on how to play the stock market abound. Buy low, buy companies whose leadership you admire, invest in organizations that reflect your personal values. And don’t count out the ever-popular strategy of throwing darts at the newspaper’s financial pages.
Every investor hopes he or she has figured out how to beat the system [...]

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