In a new working paper, Assistant Professor Alejandro Lopez-Lira and Emerson-Merrill Lynch Associate Professor Yuehua Tang find that large language models may be useful when forecasting stock prices. They used ChatGPT to parse news headlines for whether they’re good or
Finance Articles: page 19
Mutual funds generate better returns with thematic investing
GAINESVILLE, Fla. – Risky, trendy, volatile. These are just a few recent descriptions of thematic investing, an emergent investment strategy that focuses on using research to identify companies relevant to themes or trends created by the impact of economic, technological

Investors avoid ESG when times get tough
Sehoon Kim‘s recently published academic study found that individual investor demand for socially responsible investing “is highly sensitive to income shocks” and economic stress. Read more in this story from Nasdaq.

Investors are all for ESG. Except, that is, when times are tough.
A study from Assistant Professor Sehoon Kim finds that the appetite for ESG investing goes down when there is an economic shock such as Covid-19 lockdowns. Read more in this story from the Wall Street Journal.

Corporate Partnerships: Evercore
When Saul D. Goodman reconnected with his debt capital markets professor in 2006, he wanted to increase his involvement with his alma mater. It had been 17 years since Goodman graduated from the University of Florida and he wanted to

Higher stakes lead to worse stock performance, research finds
GAINESVILLE, Fla. – Imagine you are walking down the street, and someone stops you to ask this question: You bought a stock at $30 per share. Now, the stock’s price is $15. Under which scenario are you more likely to
Dispirited homebuyers show why Fed’s unprecedented fight against inflation is beginning to succeed
I’ve studied finance and financial markets since the 1970s, and I have never seen the Federal Reserve’s monetary policy get such prominent news coverage as it has this past year. And with good reason. What the Fed does has profound
Looking for stock investment tips? Use social media selectively
GAINESVILLE, Fla. – Savvy investors and news buffs will recall the early days of 2021 when GameStop’s market value increased from about $2 billion to over $24 billion in just a few days. The significant gains stemmed from individual investors,
3 top finance textbooks share the same home – UF’s Warrington College of Business
What do some of the world’s leading finance textbooks have in common? Besides critical lessons on topics ranging from financial management to investments to real estate valuation and a majority of the market share on academic finance literature, these textbooks
New program prepares students for careers in wealth management
This fall, students at the Warrington College of Business and across the University of Florida will have the opportunity to hone their wealth management skills thanks to a new program dedicated to the subject. Warrington’s wealth management program is designed