Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1

http://arxiv.org/abs/math.ST/0410586

You Can Fool Some People Sometimes
Authors: Rasa Karapandza, Milos Bozovic
Comments: 10 pages, 1 figure, 4 tables

"We develop an empirical procedure to quantify future company performance based on top management promises. We find that the number of future tense sentence occurrences in 10-K reports is significantly negatively correlated with the return as well as with the excess return on the company stock price. We extrapolate the same methodology to US presidential campaigns since 1960 and come to some startling conclusions. The candidate who used less future tense sentences (will, shall, going to) in televised debates won the popular vote every time..."
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement