Finance professor, Yale School of Management. Tweets on finance, art, history and society.
New Haven, CT
Joined June 2014
- Tweets4.9K
- Following542
- Followers5K
- Likes7.5K
William Goetzmann retweeted
Fear of a crash drives some investors to “step out” of the market. Stocks sensitive to this variation had lower returns. Even “non-marginal investors” matter to market prices, from @WGoetzmann, Dasol Kim, and @RobertJShiller nber.org/papers/w35708
William Goetzmann retweeted
"Funds at investment firms including BlackRock, Fidelity and Pimco are heavily invested in Argentina, as are investors such as Stanley Druckenmiller and Robert Citrone, both of whom worked with Mr. Bessent."
William Goetzmann retweeted
Wow, incredible! Mokyr is awesome - he’s the father of the “ideas school” of the Industrial Revolution, which is one of the inspirations for Works in Progress, and the author of the best book I’ve read on the Irish Famine. So exciting.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Aghion and Howitt “for the theory of sustained growth through creative destruction.”
#NobelPrize
William Goetzmann retweeted
The Art Market Has Lost Its Grip on Pricing. Now What? news.artnet.com/market/the-a… by @artnet EIC Naomi Rea
William Goetzmann retweeted
Today, I went to our Social Security Office to conduct Oversight and was denied access to meet with officials.
Instead, we were given a generic phone number in another state and denied entry past the waiting room.
Here’s what we found out ⬇️
William Goetzmann retweeted
Prof. Bryan Kelly and coauthors explore how transformer-based models are revolutionizing asset pricing, reducing errors, boosting accuracy, and redefining market dynamics
Read more: yalesom.io/3G1M4Do
@YaleICF
William Goetzmann retweeted
Cecile Richards dedicated her life to protecting and expanding women’s rights. She never wavered in her commitment to ensuring that women had access to the reproductive health care they needed, and her leadership at Planned Parenthood led to the inclusion of important healthcare provisions in the Affordable Care Act.
Women of all ages knew they could count on Cecile, and Michelle and I will always be grateful for her advocacy. We send all our love to Kirk, Lily, Hannah, Daniel, and all those who loved and admired her.
William Goetzmann retweeted
1/ Does finance benefit society? 📈📉In a forthcoming Review of Financial Studies paper, @mjha91, Hongyi Liu, and yours truly tackle this question by leveraging large language models to measure sentiments in books spanning centuries and continents. 🧵
William Goetzmann retweeted
Liquidation Receipt, 1893. Certificate # 54 for a liquidation payment of Fl 430.55 in lieu of one share in Concordia Res Parvae Crescunt, a closed end mutual fund founded by Abraham van Ketwich in 1779. #ICF_FinancialHistoryFriday bit.ly/4eIZFeg
William Goetzmann retweeted
In search of art without an argument - Janan Ganesh on.ft.com/4dPSOzn
William Goetzmann retweeted
“The university’s purpose is not political action or social justice. It is to create an environment in which learning thrives.”
—New Stanford President Jonathan Levin
He says they must work “to foster searching discussion, to listen with curiosity, and to ensure the freedom of members of the university to study and learn.”
William Goetzmann retweeted
Join us for our 10-Year Anniversary Lecture with @WGoetzmann of Yale University on 'Financial Innovation: The First 5,000 Years'. You can join us in person or online!
linkedin.com/feed/update/urn…
William Goetzmann retweeted
It is only embarrassing if you ignore the facts at the time.
You can attempt to revise history all you want. But, fortunately, it was documented.
npr.org/2021/03/04/973604904…
William Goetzmann retweeted
We find that an increase in stock market wealth increases entrepreneurship and induces entrepreneurs to start larger and more profitable firms ⬇️
Great to work on this with @ptnenov @gchodorowreich @VitorPe94384701
(1/n) New paper! “Stock market wealth and entrepreneurship” by @gchodorowreich, @ptnenov, @VitorPe94384701, @alpsimsek_econ. Higher stock market wealth, driven by idiosyncratic variation in returns, increases entrepreneurship and firm profits by relaxing financial constraints.
William Goetzmann retweeted
Inflation and war pose global challenges. This study on the French stock market unveils diverse effects tied to war financing. Each influenced stock prices uniquely, from the Franco-Prussian War's debt finance to the World Wars' monetary creation.
cambridge.org/core/journals/…
William Goetzmann retweeted
Governments regulate home mortgages at a national level even when housing market conditions vary locally. Can tailoring household leverage limits to the historical path of local house prices help improve housing affordability? Our results point to yes! papers.ssrn.com/sol3/papers.…
William Goetzmann retweeted
Wrote something about the art market news.artnet.com/market/prima…
William Goetzmann retweeted
A growing chorus of academics say the sky-high cost of working with AI models is boxing researchers out of the field, compromising independent study of the technology. wapo.st/48KZcp3