For the purpose of measuring the entire United States market, including small stocks, many academics and professional investors prefer another market-weighted index: the CRSP U.S.
For this report, Elsevier drew on its expertise in mining the Scopus abstract and citation database of peer-reviewed literature to comprehensively evaluate two gender-based aspects of the global research enterprise: (1) the landscape of global researchers—their publication productivity, imp
This article examines the industry classification schemes used in business research from the Standard Industrial Classification system and the North American Industry Classification System to market-based industry classification schemes like the Global Industry Classification and the Industry Cla
According to a report published by Burton-Taylor International Consulting, part of TP ICAP group, 2016 saw an increase of 3.45 percent in global spending of financial information, ultimately reaching a figure of $27.48 billion during the year.
Passive investing has become investors’ default, driving billions into funds that track indexes. It’s transforming Wall Street, corporate boardrooms and the life of the neighborhood broker.
GUS SAUTER, Wealth Management, The Wall Street Journal
Few people realize that since the bursting of the tech bubble from 2001-2003, the stock market has had positive total returns, as measured by the total market indexes of MSCI and CRSP, in every calendar year except 2008. That record was intact again in 2015 as the CRSP total market index provided an admittedly minuscule, but still positive, return of 0.40%.
J.B. Heaton, Nick Polson and J.H. Witte recently authored a nice short paper—it’s all of four pages—entitled “Why Indexing Works.” In it, the authors developed a simple stock selection model to explain why active equity fund managers tend to underperform their benchmark index.
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Investor Field Guide Podcast - Invest Like the Best, EP.50
Hosted by Patrick O’Shaughnessy, CFA
Why the Dow Isn't the Stock Market
For the purpose of measuring the entire United States market, including small stocks, many academics and professional investors prefer another market-weighted index: the CRSP U.S.
Is it Time to Return to Active Stock-Picking?
The market is facing other pressures, too. As stock-picking has declined in recent years, so has the number of stocks.
(Subscription Required)
Stockpicking Is Dying Because There Are No More Stocks to Pick
In less than two decades, more than half of all publicly traded companies have disappeared. (Note: requires subscription)
Sorry, Stock Pickers: History Shows You Underperform in Bad Markets, Too
The odds of finding a stock picker who can do better in down markets have long been less than 50/50.
Insights
Gender in the Global Research Landscape
For this report, Elsevier drew on its expertise in mining the Scopus abstract and citation database of peer-reviewed literature to comprehensively evaluate two gender-based aspects of the global research enterprise: (1) the landscape of global researchers—their publication productivity, imp
The Investment Company Fact Book 57th Edition
This ICI publication continues to provide the public and policymakers with a comprehensive summary of ICI’s data and analysis.
Think Global to Avoid Shrinking U.S. Stock Market
Research from Dimson, Marsh and Staunton in their Global Investment Returns Yearbook 2017 show just how dominant the U.S.
Books Citing CRSP Data
CRSP data is cited by a number of leading scholarly text books. This aggregator helps locate relevant publications for teaching and research.
Industry classification schemes: An analysis and review
This article examines the industry classification schemes used in business research from the Standard Industrial Classification system and the North American Industry Classification System to market-based industry classification schemes like the Global Industry Classification and the Industry Cla
News
Financial Market Data Spending Hits $27b in 2016, Driven by Americas, Asia
According to a report published by Burton-Taylor International Consulting, part of TP ICAP group, 2016 saw an increase of 3.45 percent in global spending of financial information, ultimately reaching a figure of $27.48 billion during the year.
The Dying Business of Picking Stocks
Passive investing has become investors’ default, driving billions into funds that track indexes. It’s transforming Wall Street, corporate boardrooms and the life of the neighborhood broker.
Investment Assets Linked to CRSP Indexes
Why Investors Need to Stop Distrusting Wall Street
Few people realize that since the bursting of the tech bubble from 2001-2003, the stock market has had positive total returns, as measured by the total market indexes of MSCI and CRSP, in every calendar year except 2008. That record was intact again in 2015 as the CRSP total market index provided an admittedly minuscule, but still positive, return of 0.40%.
Why Index Investing Wins
J.B. Heaton, Nick Polson and J.H. Witte recently authored a nice short paper—it’s all of four pages—entitled “Why Indexing Works.” In it, the authors developed a simple stock selection model to explain why active equity fund managers tend to underperform their benchmark index.
90 Years of asset returns in 30 Seconds
Since 1960, CRSP has curated the research-quality market data included in the US Stock Database, which begins in December 1925. With the help of our partners at Investments Illustrated, the nine decades of prices and returns are compressed into this unique graphical presentation. For more illustrations of investment risk and return, please visit our Investments Illustrated Charts resources page.