James White

Elm Partners

1630 Willow View Drive

PO Box 1417

Wilson, WY 83014

SCHOLARLY PAPERS

27

DOWNLOADS
Rank 6,754

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Top 6,754

in Total Papers Downloads

7,927

SSRN CITATIONS

2

CROSSREF CITATIONS

2

Scholarly Papers (27)

1.

What's Past is Not Prologue

Number of pages: 5 Posted: 08 Aug 2018
Elm Partners, Elm Partners and Elm Partners
Downloads 1,828 (10,697)

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Decision Making under Uncertainty, Risk, Utility, Risk Aversion, Coin Flip, Heuristics, Rules of Thumb, Market Timing, Gambling, Betting, Manager Selection, Sharpe Ratio, Mutual Funds, Data Mining

2.

The Equity Risk Premium: A Novel Perspective on the Past Fifty Years

Number of pages: 4 Posted: 23 Mar 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 1,190 (20,841)
Citation 1

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stock market, historical returns, COVID-19, coronavirus, equities, expected returns, CAPE, long-term investing

3.

What Our Market Return Forecasts Really Mean: Convexity in Equity Returns and its Implications for Investment Sizing

Number of pages: 8 Posted: 10 Feb 2017 Last Revised: 06 Sep 2019
Victor Haghani and James White
Elm Partners and Elm Partners
Downloads 983 (27,606)

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Decision Making under Uncertainty, Risk, Utility, Risk Aversion, Kelly, Coin Flip, Heuristics, Rules of Thumb, Market Timing, Gambling, Betting, CRRA

4.

A Sharper Lens for Sizing Up Nickels and Steamrollers

Number of pages: 3 Posted: 23 Nov 2016 Last Revised: 08 Aug 2018
Victor Haghani and James White
Elm Partners and Elm Partners
Downloads 940 (29,417)

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Decision Making under Uncertainty, Risk, Uncertainty, Utility, Risk Aversion, Kelly, Coin Flip, Heuristics, Rules of Thumb, Behavioral Finance, Market Timing, Gamblers Fallacy, St. Petersburg Paradox, Gambling, Betting, CRRA

5.

When (If Ever) Has it Paid to Wait for a Stock Market Correction?

Number of pages: 3 Posted: 26 Sep 2017
Victor Haghani and James White
Elm Partners and Elm Partners
Downloads 865 (33,095)

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Decision Making under Uncertainty, Risk, Utility, Risk Aversion, Coin Flip, Heuristics, Rules of Thumb, Market Timing, Gambling, Betting, Manager Selection, Sharpe Ratio, Mutual Funds, Data Mining, Conditional Return

6.

A Brief History of Sharpe Ratio, and Beyond

Number of pages: 3 Posted: 13 Dec 2017 Last Revised: 16 Dec 2017
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 609 (53,149)

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Decision Making under Uncertainty, Risk, Utility, Risk Aversion, Coin Flip, Heuristics, Rules of Thumb, Market Timing, Gambling, Betting, Manager Selection, Sharpe Ratio, Mutual Funds, Data Mining

7.

Dynamic Asset Allocation Based on Valuation and Momentum Applied to a Global All-Equity Portfolio

Number of pages: 5 Posted: 29 Apr 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 200 (182,445)

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All-Equity, Valuation and Momentum, Asset Allocation, Global Finance

8.

Basic Portfolio Construction and Expected Utility

Number of pages: 4 Posted: 23 Nov 2016 Last Revised: 23 May 2017
James White
Elm Partners
Downloads 151 (232,580)

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9.

Negative Interest Rates and the Perpetuity Paradox

Number of pages: 6 Posted: 01 Jan 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 119 (279,750)
Citation 1

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negative interest rates, long-term loans, perpetual loans, perpetuity

10.

George Costanza at it Again: The Leveraged ETF Episode

Number of pages: 5 Posted: 09 Jun 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 118 (281,442)

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ETFs, SPXS, SPXL, leveraged ETFs

11.

When it Pays to Pay Capital Gains

Number of pages: 2 Posted: 06 Apr 2019
Victor Haghani, Larry Hilibrand and James White
Elm Partners, Independent and Elm Partners
Downloads 109 (297,593)
Citation 2

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Tax Efficiency, Capital Gains, Tax Harvesting, Risk, Utility, Risk Aversion, Heuristics, Portfolio Selection, Lifetime Portfolio Selection, Saving and Spending

12.

The Treasury Bill Risk Premium: Why T-Bills Are About as Risky as Stocks in the Long Term

Number of pages: 4 Posted: 10 Jun 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 101 (313,469)

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annuity, net worth, lump sum wealth, T-Bills, S&P 500, real annuity value

13.

Practical Utility, Risk Aversion, and Investment Sizing

Number of pages: 12 Posted: 10 Nov 2016 Last Revised: 05 Dec 2016
James White
Elm Partners
Downloads 91 (335,035)

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14.

The Most Important Number Not Printed in the WSJ

Number of pages: 2 Posted: 16 Oct 2018 Last Revised: 10 Jul 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 82 (356,964)

Abstract:

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Decision Making Under Uncertainty, Risk, Utility, Risk Aversion, Coin Flip, Heuristics, Rules of Thumb, Market Timing, Gambling, Betting, Manager Selection, Sharpe Ratio, Mutual Funds, Data Mining, Conditional Return

15.

On Forecasting

Number of pages: 3 Posted: 20 May 2017
James White
Elm Partners
Downloads 78 (367,616)

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16.

A Penny Saved Is Two Pennies Earned

Number of pages: 2 Posted: 03 May 2018 Last Revised: 10 Jul 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 69 (393,614)

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Decision Making under Uncertainty, Risk, Utility, Risk Aversion, Coin Flip, Heuristics, Rules of Thumb, Market Timing, Gambling, Betting, Manager Selection, Sharpe Ratio, Mutual Funds, Data Mining, Fees

17.

Steadfast, Greedy, or Fearful? Strategies for Responding to Extreme Market Volatility

Number of pages: 6 Posted: 03 Jun 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 68 (396,576)

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market volatility, March 2020, coronavirus, COVID-19, expected returns, expected risk

18.

Who is the Biggest Investor in the Stock Market, and Why Should You Care?

Number of pages: 5 Posted: 14 Dec 2020 Last Revised: 06 Apr 2021
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 50 (459,453)

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capital gains tax, cgt, stocks, equities, us treasury, asset allocation, expected welfare

19.

If George Costanza Were a Hedge Fund Manager

Number of pages: 4 Posted: 27 Jan 2019 Last Revised: 11 Jul 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 46 (475,688)

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20.

The Annuity Puzzle: How Big is the Free Lunch Being Left on the Table?

Number of pages: 4 Posted: 10 Jul 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 44 (484,285)

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savings crisis, market inefficiency, expected utility, zero-fee annuity, longevity risk, long-term savings, self-managed savings

21.

Mind the Gap: Inequality and Diversification

Number of pages: 6 Posted: 01 Jan 2020
Elm Partners, Elm Partners and Elm Partners
Downloads 43 (488,681)

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wealth inequality, diversification, Concentrated Asset Betting

22.

There’s No Place Like Home: The Case For and Against Extreme Home Bias in Equity Investing

Number of pages: 6 Posted: 11 Nov 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 43 (488,681)

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home bias, equity markets, US investments, foreign investing

23.

Home Biased: A Case for More Indexing

Number of pages: 2 Posted: 11 Nov 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 38 (511,245)

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home bias, index investing, global markets, supply and demand, macro investing

24.

To Realize, or Not to Realize? Capital Gains Tax and Portfolio Choice

Number of pages: 7 Posted: 14 Dec 2020
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 32 (541,394)

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capital gains tax, cgt, tax horizons, portfolio value, tax calculator, realizations, realized gains, unrealized gains

25.

Spending Like You'll Live Forever

Number of pages: 10 Posted: 09 Apr 2021
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 19 (622,092)

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endowment, spending, yale endowment, long-term investing, endowment spending, endowment investment

26.

Measuring the Fabric of Felicity

Number of pages: 4 Posted: 11 Oct 2018 Last Revised: 10 Jul 2019
James White and Victor Haghani
Elm Partners and Elm Partners
Downloads 11 (679,664)

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Decision Making under Uncertainty, Risk, Utility, Risk Aversion, Coin Flip, Heuristics, Rules of Thumb, Portfolio Selection, Lifetime Portfolio Selection, Saving and Spending

27.

Smart Beta: The Good, the Bad and the Muddy

Journal of Portfolio Management, Vol. 46, No. 4, 2020, https://jpm.pm-research.com/content/46/4/11
Posted: 17 Jul 2019 Last Revised: 03 Nov 2020
James White and Victor Haghani
Elm Partners and Elm Partners

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smart beta, factor investing, market inefficiencies, efficient-market hypothesis