Category Essential readings
In our previous post, we discussed the Santa Claus Rally: higher returns between Christmas and the end of the first week of January compared to the rest of the year. Admittedly, 2018 was not the best year for DAX30 investors… Continue Reading →
As we approach the holidays, stock market reports increasingly contain the terms “Santa Claus rally” or “end of year rally”. Both expressions refer to the same effect. Supposedly, stock returns during the last trading days of the year exceed those… Continue Reading →
Experience can be helpful – at work, but also in everyday life. In this post, we showed that prior work experience outside the investment industry helps mutual fund managers. Other studies find that experience as a fund manager may also… Continue Reading →
How does prior work experience affect investment choices? This question is crucial for our understanding of financial markets – especially the investment industry. We are proud to announce that the paper “The Investment Value of Mutual Fund Managers’ Experience outside… Continue Reading →
Yes, social media can predict returns in financial markets – as we discussed in a previous post. The general mechanism: investors gather information via social media, or social media captures their attention. Social media as a news channel? But which… Continue Reading →