Facts and fictions of value investing

The annual Berkshire Hathaway meeting, dubbed the “Woodstock of capitalism,” draws about 40,000 fans and shareholders of legendary value investor Warren Buffett, himself inspired by the late Benjamin Graham, the godfather of value investing.

The media move stocks—even when the news is old

Research by Jonathan L. Rogers and Sarah L. C. Zechman of the University of Colorado, Boulder, and Chicago Booth’s Douglas J. Skinner suggests that stock markets move in response to media reports of SEC disclosures as well as to initial public dissemination via the SEC website.

How to retrain the unemployed

In the next few years that time-worn axiom about teaching old dogs new tricks will be subjected to one of its severest tests.