Profits From Buying Losers And Selling Winners In The London Stock Exchange
نویسندگان
چکیده
منابع مشابه
Profits From Buying Losers And Selling Winners In The London Stock Exchange
DeBondt and Thaler (1985) have challenged the notions of market efficiency and of rational investor behaviour. According to their findings stock portfolios that experience negative returns tend to outperform portfolios that experience positive returns, during the subsequent period. In other words, stock returns may be predictable, and this may be due to excessive investor optimism and pessimism...
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ژورنال
عنوان ژورنال: Journal of Business & Economics Research (JBER)
سال: 2011
ISSN: 2157-8893,1542-4448
DOI: 10.19030/jber.v1i11.3069