USI Master in Finance among the best worldwide according to the Financial Times usi.ch/en/feeds/8043 Francesco Franzoni @f_degeorge Ticino for Finance @SFI_CH

2022 Distinguished Referees Julia Fonseca Francesco Franzoni Boris Vallee Mihail Velikov Sponsored by Cornerstone Research

I am proud to announce that the USI Master in Finance has been ranked 37th globally, up 10 places from 2020, and 3rd in Switzerland, in the Financial Times Masters in Finance 2022 ranking rankings.ft.com/rankings/2874/…

Verona vista dall'alto 📷: marcoghisetti

Compounding Quality This paper by Francesco Franzoni & Rafael Resendes (The Wealth Creation Effect in Stock Returns) highlights the unexplained alpha derived from the interaction of profitability and investment: papers.ssrn.com/sol3/papers.cf…

Thanks to the #RFS and to the Editor Ralph S.J. Koijen for accepting our work and helping us to improve it along the way

ETF risks are overstated...until they materialize. Great FT article by Emma Boyde ft.com/content/dc84cc…

Please RT! Irina Zviadadze Marius Zoican Alan Moreira Svetlana Bryzgalova Davide Tomio RobertoTubaldi Ryan Israelsen Vesa Pursiainen @AliAbolqasemi @amine_ouazad Pasquale Della Corte Francesco Franzoni Dmitriy Muravyev Grigory Vilkov Luca X. Lin @j_hajda Kristoph Kleiner

Per dare un senso a ciò che un senso non ha. In memoria di Michele #Scarponi, Davide #Rebellin e migliaia di donne, uomini, anziani, ragazzi, bambini vittime della strada. In bicicletta. Facciamo insieme la legge sul #metroemezzo

From marijuana to the metaverse: specialised ETFs underperform ft.com/content/48fd0f… Many thanks to the Financial Times and Tony Tassell for giving space to our research on specialized ETFs

The UBS-Credit Suisse deal undermines confidence in the roughly $250 billion AT1 bond market wsj.com/articles/credi… via The Wall Street Journal Thanks, Anna Hirtenstein Anna Hirtenstein, for an interesting exchange on CoCos

As Francesco Franzoni stated in his paper regarding the underperformance of specialized ETFs "This underperformance cannot be explained by high fees or hedging demand. Rather, it is driven by the overvaluation of the underlying stocks at the time of the launch."

My paper with coauthors from Applied Finance is now on SSRN: Intrinsic Value: A Solution to the Declining Performance of Value Strategies papers.ssrn.com/sol3/papers.cf…. Valuation beats "value" out-of-sample.

Great summary of our new paper on the outperformance of the intrinsic value to market ratio in a sample where other valuation multiples fail to predict returns. Thanks Wes Gray 🇺🇸

shorturl.at/dRPJy Thanks Robert Armstrong for citing our paper (shorturl.at/xNDi1) on today's Financial Times. Greedflation has no economic foundation. What matters is changes in pricing power. Large firms benefit from supply chain shortages. Mariassunta Giannetti RobertoTubaldi

I agree with Francesco Franzoni. Greed isn't the issue. Its about pricing power and competition. I like my companies greedy!

Supply chain shortages, large firms’ market power, and inflation cepr.org/voxeu/columns/… # via CEPR With Francesco Franzoni RobertoTubaldi

Have a look at our Vox-EU column for a summary of my paper on supply chains with Mariassunta Giannetti and RobertoTubaldi cepr.org/voxeu/columns/…

Following a supply chain shortage, larger firms gain a competitive advantage due to their diversified supplier networks & bargaining power. This allowed firms to increase prices, leading to higher inflation. Francesco Franzoni Mariassunta Giannetti RobertoTubaldi ow.ly/ZlTI50TKGiI