We specify a model for equity returns by decomposition into enterprise and speculative returns, plus dividend yield. That model is then tested using stock market data going back to the year 1871 (well-known database assembled by Robert Shiller). An understanding of their respective contributions he...
More than hoping to yield from the hackathon that single bright idea that could become in itself a new micro business model, it is more the general strengthening of the intermediate layers required for many of these new bright ideas to emerge that is our core concern. Finding the links ...