APPLICABILITY OF CONTRARIAN INVESTMENT STRATEGIES IN SMALL CAPITALIZATION MARKETS: EVIDENCE FROM NASDAQ OMX VILNIUS

Test of the Contrarian Investment Strategy-Evidence from the Taiwan Stock Markets

The study examines whether the contrarian investment strategy, implies simultaneously buying previous losers and selling previous winners, exists in stock market of Taiwan. This study utilizes De Bondt and Thaler (1985) contrarian strategies into listed electronic and informational stocks in Taiwan from January of 1996 to December of 2004. The empirical results consistent with the findings of D...

skopos theory and translating strategies of csis in translaed literary texts from english into persian

abstract translation has become a cultural act which plays a significant role in human life. with the emergence of functional translation theories, and skopos theory in particular, translation has been considered as a purposeful, interpersonal and intercultural activity which is produced for particular recipients and directed by a specific purpose. this purpose determines the translatio...

Learning in Investment Decisions: Evidence from Prediction Markets and Polls

Passive Investment Strategies and Efficient Markets

This paper presents the case for and the evidence in favour of passive investment strategies and examines the major criticisms of the technique. I conclude that the evidence strongly supports passive investment management in all markets—smallcapitalisation stocks as well as large-capitalisation equities, US markets as well as international markets, and bonds as well as stocks. Recent attacks on...

Speculative Investment: Risk and Return Evidence From Thoroughbred Auction Markets

Pinhooking is a speculative investment where investors assume a risk position in the purchase and resale of Thoroughbred horses. Thoroughbred auction markets provide a unique data set to analyze investment risk. This study estimates the profitability of weanling to yearling pinhooks sold at the Keeneland September Sale using three years of sale data. Maximum-likelihood estimates of probability ...