Archived Research Publications
| Publication | Description | Author | Downloads | Type |
|---|---|---|---|---|
| Owl Financial Journal | Volume 1 Issue 3, 15 Mar 2009,Volume 1 Issue 3, 01 Mar 2009, Volume 1 Issue 2, 15 Feb 2009 | |||
| Bulls & Bears | Volume 2 Issue 27, 28 Mar 2009, Volume 2 Issue 26, 22 Mar 2009, Volume 2 Issue 25, 15 Mar 2009, Volume 2 Issue 24, 09 Mar 2009, Volume 2 Issue 23, 01 Mar 2009, Volume 2 Issue 22, 22 Feb 2009, Volume 2 Issue 21, 15 Feb 2009, Volume 2 Issue 20, 08 Feb 2009, Volume 2 Issue 19, 01 Feb 2008, Volume 2 Issue 18, 25 Jan 2009, Volume 2 Issue 16, 11 Jan 2009, Volume 2 Issue 15, 07 Dec 2008 | |||
| Technical Analysis Course Guide | This manual serves as a primer for students of technical analysis. Find out more about the art of tracking the footsteps of the smart money and side-stepping disastrous financial crashes. Charts and diagrams clearly illustrate many key concepts in the world of technical analysis. | - compiled and written by Jeremy Ching | Technical Analysis | |
| Fundamental Analysis Manual | This short manual gives budding investors a head start to navigate the noisy and temperamental mood swings of the market. It also provides links to resources of great investors whom we as young investors have much to learn from. | -compiled and written by Lee Xin Hong | Fundamental Analysis | |
| Why Save and Invest? | A rare article published by Warren Buffett when he was 21 years old. Buffett shares his insights on the auto insurance business and what makes GEICO such a great investment. 43 years later, Warren Buffett through Berkshire Hathaway acquired the rest of GEICO, making it a wholly-owned subsidiary of his insurance conglomerate. | - by Warren E. Buffett | Fundamental Analysis | |
| The Super Investors of Graham and Doddsville | Do you believe in the efficient market hypothesis? Do you think Warren Buffett investment return is simply an anomaly in the financial market, a 5 sigma event? Buffett discusses the winning formula of a group of great investors. Read on to find out what’s the secret behind their success. | - by Warren E. Buffett | cell-content | |
| Introduction to the Event Study Methodology | The event study methodology is one of the most widely used research methods in academic research, particularly in the area of corporate finance. It seeks to investigate the effect of a particular event by looking at the abnormal returns of a stock over a period of time before and after the occurrence of the event. In this article, I will go through the steps of the event study methodology and discuss why it has become so popular recently. Finally, I will cite some examples of research studies done using this method, and see how it has been applied in both the academic and non academic settings. | - by Wong Shou Woon | cell-content | |
| Share Repurchases – Maximizing or Destroying Firm Value? An Event Study Based on Managerial Ownership Levels | Statistics show that companies often report positive abnormal returns following announcements of share repurchase. The theory behind this is that a company will only repurchase its shares when it feels that its shares are undervalued or they are expecting huge profits in the future, and they would like to keep it for themselves. Therefore, share repurchase is always a buy signal for investors. However, we suspect that not all repurchase decisions were made with the interest of the investors in mind. Therefore, investors might only experience abnormal return in the short run, while making a loss in the long run. The deciding factor will be the percentage of management ownership. The objective of this event study is to investigate the relationship between management ownership and abnormal returns upon the announcement of share buyback. | - by Wong Shou Woon, Alvin Kan Weiyang, Nicholas Ng Hui Hong, Ng Wei Hao | ||
| Getting To Know Mr. Warren E. Buffett | Warren Buffett, the man who made Berkshire Hathaway one of Fortune Top 20 companies, is undoubtedly the world’s most brilliant stock investor of modern times. In “Getting to know Mr. Warren Buffett”, we take you through a brief history of Buffett’s life. Look out for highlights of Buffett’s major acquisitions in which we discover aspects of his decision making process. Although Buffett’s guiding principles are timeless, we will show you how his investment strategies have nevertheless evolved over the years. This article promises to be an easy read and is essential for those intending to flirt with the financial world. After all, what better way to impress than to expound the rules the Maestro himself follows? | - by Benjamin Oh Sze Wei, Hon Wei Fa, Manpreet Singh, Nicholas Chui | ||
| Taking stock of the U.S. Economy before entering 2006 | According to Wall Street, U.S. stocks fell on the year's final day of trading on Friday, 30 th December 2005 , pushing the Dow Jones Industrial Average to its first loss since 2002. The Dow finished the year at 10717.50, down 0.61%, after failing several times to recapture 11000. It needed to remain above 10,738.01 for a positive year. Mr. Hugh Johnson of Johnson Illington Advisors said the Dow's year end close was “disappointing because usually there is a year end rally.” Shocking events such as the Katrina in 2005 have led the Wall street herd, policymakers and forecasters to embrace the view of ‘tipping points' in the U.S. economy. Yet, despite the weak close, Wall Street reports that there are some who remain optimistic for the New Year. This article aims to identify trends of tipping point times and how such diagnosis can increase one's knowledge of investing in the year 2006. | - by Yeap Sipei Joycelyn | ||
| Understanding Winner's Curse in 5 Minutes | At first sight, the label “Winner's Curse” seems like an oxymoron. A deeper study into this concept will reveal this interesting anomaly which is still widely prevalent. Before reading on, we should note that the winner's curse is a phenomenon that has been observed, just like any other anomalies in the field of economics and finance. | - by Lai Kar Wai, Terry | ||
| Introduction to Singapore REITs | An introduction to the Singapore REITs industry, providing an overview of what REITs is all about and the fundamentals of REITs. The article discusses about the benefits and risks of investing in REITs as well as providing readers with a picture of the number of Listed REITs in Singapore. Finally, as the REITs market continues to grow, an outlook as to where the REITs in Singapore might be headed and the kind of strategies that they would adopt as they face the challenges ahead. | - by Poh Yung Shun, Sean | ||
| The Fallibility of the Human Mind | Psychology plays a major role in the decisions that we make everyday. Decisions that we often make include buying and investment decisions. Many times, faulty decisions can prove to be costly. This article discusses about the common psychological mistakes that we as human beings make, and the need to be aware of them. Minimizing such mistakes will allow us to make better decisions as individuals, and also be a happier investor! | - by Lai Kar Wai, Terry | ||
| A Look at Investment-Linked Life Insurance | There has been an increasing emphasis on the importance of financial planning in recent years. While most of us probably understand the vital role that financial advisers play in the wealth management process, many of us still tend to neglect the fact that it is our own responsibility to exercise due diligence before committing to any long term insurance product. This article is intended to help readers in understanding how the recent issues involving investment-linked life insurance happened, and how consumers amidst increasing disclosure requirements can evaluate products on their own to avoid distress caused by unsound recommendations. | - by Lim King Ho | ||
| Basics of Covered Warrants | Warrants are the "hot" instruments in the market right now. One who wishes to invest in warrants should have at least the basic knowledge in them. We need to know exactly how they work and what risks they typically entail. Warrants, like all derivatives, bring greater risk and return, and investors should steer well clear of them until they have considerable real trading experience. Only when we know what the risks and rewards of warrants are, then can we have higher chances of successful trading in the long run. | - by Lim Kian Onn | ||
| Good Habits for the Rookie Investor | Good investing habits don't get one rich, but the practice of good investing habits goes a long way in doing so. Here's a sneak peak into some principles of proven investing habits for the rookie investor; nothing too heavy but everything good to know! | - by Ong Pang Yew, Jeremy | ||
