savageinfidel

I just heard from a coauthor - we got a paper accepted at the Denver FMA meeting in October. The idea resulted from taking an idea we'd been working on and applying it to another data set we had available. It's funny - we submitted two papers: this one was an early version, and the other was pretty much finished. However, to be fair, the results on this one were more interesting. And since we'd already gotten one paper on the program, we were actually glad we got the second one rejected - doing two papers at a conference means there's less time for catching up with friends. This tale of two papers reminds me of a piece I read a while back (unfortunately, I can't recall its title). It discussed how there's a trade-off in research between "newness" and "required rigor". In other words, if you're working on a topic that's been done to death (e.g. capital structure or dividend policy), you'll be asked to do robustness tests ou...

I just got back from the R.I.S.E. conference in Dayton. There were some pretty good sessions, and my students got a lot out of it (as usual). The highlight for me was hearing Bill Walton (the "World's Tallest Grateful Dead Fan") speak -- I grew up a Boston Celtics fan, and he closed his career (as the quintessential Sixth Man) with them. He was an exceptional speaker - since he's only 5 years older than me, his illustrations and anecdotes were a real trip down memory lane. Also, he's gone through some major stress: he's had over 60 surgeries on his back and feet, and spent almost two years on the floor due to spinal problems. At one point, he was so depressed and in despair that he contemplated suicide. So I get where he's coming from. Now, only a few years after having his spine pretty much surgically reconstructed in an amazing medical procedure (they basically built an internal support cage around his spine), he's cycled 100 miles across De...

I'm out at the R.I.S.E. forum in Dayton with a couple of Unknown University students. I've seen about a half dozen of these, so I thought I'd take a few minutes off from the speakers and knock out a quick post. We have our new (used) car, and settled with the insurance company on the old one (they came up about $300 from their initial offer on our old car, so the arguing paid off. And, for a net cost of $1400 (the amount of the new (used) car we bought less the insurance settlement, we went from a $2000 Camry with 125,000 miles on it (and some minor body damage) to a 2001 Camry with only 85,000 miles (and a body in pretty much pristine shape. So, all in all, it worked out. Time to go back for a few more speakers and catch up with some old friends. Then it's back to the hotel room to put up a video for my students. Last semester, I put together a fairly nice video on Modern Portfolio Theory (the math of variance/covariance, portfolio risk and return, efficient fro...

"I don't work well under deadlines. But without them, I don't work at all." I heard that line about 15 years ago from my dissertation chair, and it's stuck with me. In the last three weeks, I've sent off three papers to conferences. For one, I had to edit abut 40 pages or so. My coauthor (who is a theorist and non0native speaker) wrote the first draft. It's a good idea, but the writing needed a lot of work. We sent it off to the American Accounting Association Meeting. We also sent it off to a regional conference, because the school whee one of my coauthors works at counts these things. A second is a paper that's been floating around for a while. It needed one final going over before submitting to a journal. We realized a week ago that the initial version had been submitted to the Financial Management Association (FMA) conference and rejected a year ago. This version has a lot more stuff in it and is much more polished. However, I hadn...

The deadline for submissions to the FMA (Financial Management Association, our national association) national conference is this Friday. I'm trying to get two papers done - one in which I do the data analysis and hand it off to my coauthor for the writeup and another where the reverse happens (she analyzes and hands off to me). Last week I thought I was in good shape. Uh oh - I spoke too soon. First, this weekend when no one is around, my office computer gets cut off from the Internet by the University IT department - they said I had a virus. So, for the weekend I used my laptop for interned access (some citations and work on WRDS), and kept running analysis on my desktop - it has two screens and a lot more power. Come Monday morning my college's IT guy (who is fantastic, BTW) said he'd look at it. So, I backed up all the relevant stuff for the two papers to a portable hard drive and started working on my notebook. I figure he'd scan the hard drives and give it ba...

I thought I'd put a few impressions of the EFA conference from this past week. While pretty short, it was a very good time: catching up with old friends, making some new ones, getting a lot of work done, and SLEEEEEP! Because of all the other stuff going on in the Unknown Household, I was only able to get away for a day, so I took an early Friday flight to Baltimore, followed by the train to Washington. I arrived at the conference hotel just before lunch. Between 11:00 Friday and 1:30 Saturday (when I took the hotel shuttle to the airport for my return flight) I Had two papers presented (both were presented by coauthors), and received good comments on both. In both cases, the papers were well received by the discussant and the audience. Met with coauthors on three papers (the two mentioned above and a third one that's also coming along nicely). On two of the papers, we just talked briefly to discuss what needs to be done next to get them out the door. On the third pape...

Once again, it's that happy time - the end of the semester at Unknown University. I teach my last classes tomorrow - in one, I hand back some assignments and talk about the final (that means today is all about the grading, and in the other (the student managed fund), I hand out stock assignments for which they must come up with final analyses. As always, the last week was crazy - the student-managed fund class makes a presentation to the Alumni at the end of every semester, and it's always a mad rush to get it done. They did it this Saturday. As usual (with one or two "foot in mouth" moments) they did a job that far exceeded expectations. So, all I have left is a bunch of grading (for tomorrow's class) and a couple of exams to write. Then it's back to research (lots of projects to rein in) until Unknown Son starts the next round of treatment. As my end-of semester treat, I get to fly to Washington for a couple of days for the Eastern Finance Association mee...

A rough week in the Unknown Household. My sister and mother were planning on driving down Sunday to see the Unknown Baby. Then Saturday, I got a call that my mom had had a heart attack and passed out on the floor. She's all right, and is currently resting comfortably (??) in the ICU waiting to have surgery (she has four "minor" blockages). The surgery will be either Wednesday or Thursday. So, yesterday I drove the two hours to the hospital to visit her. With the Unknown Baby-induced sleep deprivation, it took a fair bit of effort to make it safely there and back. Today, I taught my classes, and was just getting ready to head back home for a much-needed nap (man - these midnight feeding are getting old very quickly) when I got a call from two coauthors (a former colleague and a former student). They told me that a paper of ours had been accepted at the American Accounting Association (AAA) annual meeting. It was particularly good news because I didn't even ...