[ad_1] High inflation and expensive equities lead to a negative risk-return relationship and shrink the equity premium to zero. In years following this “everything expensive” scenario, low-volatility, quality, value, and momentum factors yield sizeable positive premiums. Given today’s market dynamics, investors should avoid high-volatility stocks or hope for a different […]
Monthly Archives: June 2024
[ad_1] Amit Kumar New York University Proof Carrying Data from folding GKR with protostar Current Interactive Verifiable Computation (IVC) schemes face challenges with the Witness-Multi-Scalar Multiplication (Witness-MSM) barrier, limiting efficiency. We propose leveraging the Goldwasser-Kalai-Rothblum (GKR) accumulation scheme to significantly reduce the witness size, overcoming these limitations. Utilizing the Protostar […]
[ad_1] What role does firm size play in the relationship between board gender diversity and firm performance? Sana Mohsni and Alia Shata of Carleton University explored that question in their 2021 Hillsdale Investment Management – CFA Society Toronto Investment Research Award-winning paper, “Board Gender Diversity and Firm Performance: The Role […]
[ad_1] Security Alert Affected configurations: Geth Likelihood: High Severity: High Summary: geth nodes running out of memory and crashing on block https://etherchain.org/block/2283416 Details: TBD Solution: [Geth 1.4.12](http… [ad_2] Source link
[ad_1] While many traditional sectors of the economy have succumbed to secular stagnation, a new form of value creation has expanded since the 1970s as part of the Third Industrial Revolution. The digitization of the economy has left few elements of our social and economic environments untouched. Today, more and […]
[ad_1] URGENT ALL MINERS: The network is under attack. The attack is a computational DDoS, ie. miners and nodes need to spend a very long time processing some blocks. This is due to the EXTCODESIZE opcode, which has a fairly low gasprice but which requires nodes to read state information […]
[ad_1] Asset Allocation and Private Markets: A Guide to Investing with Private Equity, Private Debt, and Private Real Assets. 2021. Cyril Demaria, Maurice Pedergnana, Rémy He, Roger Rissi, and Sarah Debrand. John Wiley & Sons. Private market (PM) investing, according to the authors of Asset Allocation and Private Markets, entails […]
[ad_1] Today the network was attacked by a transaction spam attack that repeatedly called the EXTCODESIZE opcode (see trace sample here), thereby creating blocks that take up to ~20-60 seconds to validate due to the ~50,000 disk fetches needed to process the transaction. The result of this was a ~2-3x […]
[ad_1] The efficient market hypothesis (EMH) says that active equity management is a waste of time. Because stock prices incorporate all relevant information, it is not possible to consistently beat the market, according to EMH true believers. That’s because EMH is based on the concept of the wisdom of crowds. […]
[ad_1] During the last couple of weeks, the Ethereum network has been the target of a sustained attack. The attacker(s) have been very crafty in locating vulnerabilities in the client implementations as well as the protocol specification. While the recent patches have led to an overall increased resiliency in the […]