1.
Pulling the Goalie: Hockey and Investment Implications
Number of pages: 13
Posted: 08 Mar 2018
Last Revised: 08 Oct 2018
Working Paper Series
AQR Capital Management, LLC and New York University (NYU) - Courant Institute of Mathematical Sciences
Downloads
54,134
2.
Day Trading for a Living?
Number of pages: 9
Posted: 22 Jul 2019
Last Revised: 15 Jun 2020
Working Paper Series
Getulio Vargas Foundation (FGV) - Sao Paulo School of Economics, University of São Paulo (USP) - Department of Economics and Getulio Vargas Foundation (FGV) - Sao Paulo School of Economics
Downloads
22,612
3.
Surprised by the Gambler's and Hot Hand Fallacies? A Truth in the Law of Small Numbers
Miller, J. B., & Sanjurjo, A. (2018). Surprised by the hot hand fallacy? A truth in the law of small numbers. Econometrica, Vol. 86, No.6, pp. 2019–2047
Number of pages: 42
Posted: 07 Jul 2015
Last Revised: 17 Dec 2018
Working Paper Series
University of Melbourne - Department of Economics and Universidad de Alicante - Fundamentos del Análisis Económico (FAE)
Downloads
19,367
4.
Rational Decision-Making under Uncertainty: Observed Betting Patterns on a Biased Coin
Number of pages: 8
Posted: 25 Oct 2016
Working Paper Series
Elm Partners and Royal Bridge Capital
Downloads
10,657
5.
Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors
Number of pages: 92
Posted: 02 Jan 2019
Last Revised: 20 Jul 2021
Working Paper Series
University of Chicago - Booth School of Business, Inalytics Limited, University of Chicago - Booth School of Business and MIT Sloan School of Management
There are 2 versions of this paper
Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors
Number of pages: 92
Posted: 02 Jan 2019
Last Revised: 20 Jul 2021
Downloads
10,212
Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors
NBER Working Paper No. w29076
Number of pages: 55
Posted: 26 Jul 2021
Last Revised: 31 Jul 2021
Downloads
2
Downloads
10,212
6.
Deep Value
Number of pages: 59
Posted: 28 Nov 2017
Last Revised: 12 Dec 2017
Working Paper Series
AQR Capital Management, LLC, AQR Capital Management, LLC, AQR Capital Management, LLC and AQR Capital Management, LLC
There are 2 versions of this paper
Downloads
9,191
7.
Lazy Prices
2019 Academic Research Colloquium for Financial Planning and Related Disciplines
Number of pages: 90
Posted: 14 Aug 2010
Last Revised: 28 Mar 2019
Working Paper Series
Harvard University - Business School (HBS), Harvard Business School and DePaul University
There are 2 versions of this paper
Lazy Prices
2019 Academic Research Colloquium for Financial Planning and Related Disciplines
Number of pages: 90
Posted: 14 Aug 2010
Last Revised: 28 Mar 2019
Downloads
8,092
Lazy Prices
NBER Working Paper No. w25084
Number of pages: 90
Posted: 24 Sep 2018
Last Revised: 17 Jul 2021
Downloads
122
Downloads
8,092
8.
Betting Against Correlation: Testing Theories of the Low-Risk Effect
Number of pages: 73
Posted: 08 Feb 2017
Last Revised: 21 Jun 2018
Working Paper Series
AQR Capital Management, LLC, AQR Capital Management, LLC, University of Chicago - Booth School of Business and AQR Capital Management, LLC
There are 2 versions of this paper
Betting Against Correlation: Testing Theories of the Low-Risk Effect
Number of pages: 73
Posted: 08 Feb 2017
Last Revised: 21 Jun 2018
Downloads
7,666
Betting Against Correlation: Testing Theories of the Low-Risk Effect
CEPR Discussion Paper No. DP12686
Number of pages: 65
Posted: 14 Feb 2018
Downloads
2
Downloads
7,666
9.
Feverish Stock Price Reactions to COVID-19
Review of Corporate Finance Studies, Volume 9, Issue 3, November 2020, Pages 622–655, Swiss Finance Institute Research Paper No. 20-12
Number of pages: 58
Posted: 09 Mar 2020
Last Revised: 23 Mar 2021
Accepted Paper Series
University of Zurich - Department of Banking and Finance and University of Zurich - Department of Banking and Finance
There are 2 versions of this paper
Feverish Stock Price Reactions to COVID-19
Review of Corporate Finance Studies, Volume 9, Issue 3, November 2020, Pages 622–655, Swiss Finance Institute Research Paper No. 20-12
Number of pages: 58
Posted: 09 Mar 2020
Last Revised: 23 Mar 2021
Downloads
7,389
Feverish Stock Price Reactions to Covid-19
CEPR Discussion Paper No. DP14511
Number of pages: 61
Posted: 25 Mar 2020
Last Revised: 29 Jun 2020
Downloads
8
Downloads
7,389
10.
Which Trend Is Your Friend?
Financial Analysts Journal, vol. 72, no. 3 (May/June 2016)
Number of pages: 32
Posted: 10 May 2015
Last Revised: 19 Apr 2016
Accepted Paper Series
AQR Capital Management and AQR Capital Management, LLC
Downloads
6,739
11.
Sharpening the Arithmetic of Active Management
Financial Analysts Journal, 2018, 74 (1): 21-36
Number of pages: 23
Posted: 07 Oct 2016
Last Revised: 23 Feb 2018
Working Paper Series
AQR Capital Management, LLC
Downloads
6,577
12.
A Century of Evidence on Trend-Following Investing
Number of pages: 26
Posted: 28 Jun 2017
Working Paper Series
AQR Capital Management, LLC, AQR Capital Management, LLC and AQR Capital Management, LLC
Downloads
6,474
13.
The Dividend Disconnect
7th Miami Behavioral Finance Conference 2016
Number of pages: 56
Posted: 29 Nov 2016
Last Revised: 30 Aug 2018
Working Paper Series
University of Chicago - Booth School of Business and Boston College - Carroll School of Management
Downloads
4,460
14.
Do Alpha Males Deliver Alpha? Facial Width-to-Height Ratio and Hedge Funds
Journal of Financial and Quantitative Analysis, forthcoming
Number of pages: 66
Posted: 18 Jan 2018
Last Revised: 15 Dec 2020
Working Paper Series
University of Central Florida - College of Business Administration and Singapore Management University - Lee Kong Chian School of Business
Downloads
4,216
15.
Gold, the Golden Constant, COVID-19, 'Massive Passives' and Déjà Vu
Number of pages: 18
Posted: 07 Aug 2020
Last Revised: 17 Sep 2020
Working Paper Series
TR, Duke University - Fuqua School of Business and Ritholtz Wealth Management
Downloads
4,198
16.
Cryptocurrency: A New Investment Opportunity?
Number of pages: 38
Posted: 30 Jun 2017
Last Revised: 09 Jun 2021
Working Paper Series
Singapore University of Social Sciences (SUSS), Fudan University - School of Economics and Singapore University of Social Sciences (SUSS)
Downloads
3,726
17.
Technical Analysis and Individual Investors
Journal of Economic Behavior and Organization, 107 (November), pp. 487-511
Number of pages: 67
Posted: 27 Feb 2014
Last Revised: 13 Jan 2015
Accepted Paper Series
University of Adelaide - Business School and Santa Clara University - Leavey School of Business
Downloads
3,708
18.
Behavioral Finance
Number of pages: 69
Posted: 15 Aug 2014
Last Revised: 01 Oct 2014
Working Paper Series
University of California, Irvine - Paul Merage School of Business
There are 2 versions of this paper
Behavioral Finance
Number of pages: 69
Posted: 15 Aug 2014
Last Revised: 01 Oct 2014
Downloads
3,678
Behavioral Finance
Annual Review of Financial Economics, Vol. 7, pp. 133-159, 2015
Posted: 11 Dec 2015
Downloads
3,678
19.
Trend Without Hiccups - A Kalman Filter Approach
Number of pages: 35
Posted: 21 Mar 2016
Last Revised: 26 Apr 2016
Working Paper Series
Université Paris Dauphine
Downloads
3,502
20.
The Loss of Loss Aversion: Will It Loom Larger Than Its Gain?
Journal of Consumer Psychology, Forthcoming
Number of pages: 59
Posted: 09 Oct 2017
Last Revised: 26 Apr 2018
Accepted Paper Series
University of Illinois at Chicago and Northwestern University - Kellogg School of Management
Downloads
3,064
21.
The Misguided Beliefs of Financial Advisors
Journal of Finance, Forthcoming, Kelley School of Business Research Paper No. 18-9
Number of pages: 66
Posted: 20 Jan 2018
Last Revised: 22 Mar 2021
Accepted Paper Series
Dartmouth College - Tuck School of Business, Federal Reserve Bank of Chicago and Indiana University - Kelley School of Business - Department of Finance
Downloads
3,038
22.
Regulating Consumer Financial Products: Evidence from Credit Cards
Number of pages: 67
Posted: 26 Sep 2013
Last Revised: 28 Aug 2014
Working Paper Series
National University of Singapore, Office of the Comptroller of the Currency (OCC), University of Chicago Booth School of Business and New York University (NYU) - Leonard N. Stern School of Business
There are 2 versions of this paper
Regulating Consumer Financial Products: Evidence from Credit Cards
Number of pages: 67
Posted: 26 Sep 2013
Last Revised: 28 Aug 2014
Downloads
2,855
Regulating Consumer Financial Products: Evidence from Credit Cards
NBER Working Paper No. w19484
Number of pages: 70
Posted: 28 Sep 2013
Last Revised: 02 Mar 2018
Downloads
57
Downloads
2,855
23.
Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows
European Corporate Governance Institute (ECGI) - Finance Working Paper No. 565/2018
Number of pages: 61
Posted: 09 Aug 2017
Last Revised: 11 Apr 2019
Working Paper Series
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads
2,706
24.
Option Return Predictability
Review of Financial Studies accepted, 27th Annual Conference on Financial Economics and Accounting Paper, Rotman School of Management Working Paper No. 2698267
Number of pages: 80
Posted: 06 Dec 2015
Last Revised: 12 Jun 2021
Accepted Paper Series
The Chinese University of Hong Kong (CUHK) - CUHK Business School, University of Toronto, Rotman School of Management, The Chinese University of Hong Kong (CUHK) - CUHK Business School and Shanghai LiLi Technology Co.,Ltd.
Downloads
2,689
25.
Trends Everywhere
Journal of Investment Management, Forthcoming, NYU Stern School of Business
Number of pages: 26
Posted: 17 May 2019
Working Paper Series
AQR Capital Management, LLC, AQR Capital Management, AQR Capital Management, LLC, AQR Capital Management, LLC and AQR Capital Management, LLC
Downloads
2,531
26.
Excess Volatility: Beyond Discount Rates
Fama-Miller Working Paper, Chicago Booth Research Paper No. 15-13
Number of pages: 70
Posted: 06 Mar 2015
Last Revised: 30 Jul 2019
Working Paper Series
Yale School of Management and Yale SOM
There are 2 versions of this paper
Excess Volatility: Beyond Discount Rates
Fama-Miller Working Paper, Chicago Booth Research Paper No. 15-13
Number of pages: 70
Posted: 06 Mar 2015
Last Revised: 30 Jul 2019
Downloads
2,479
Excess Volatility: Beyond Discount Rates
NBER Working Paper No. w22045
Number of pages: 86
Posted: 01 Mar 2016
Last Revised: 28 Mar 2021
Downloads
24
Downloads
2,479
27.
Cross-Section of Option Returns and Idiosyncratic Stock Volatility
AFA 2012 Chicago Meetings Paper, Journal of Financial Economics (JFE), Vol. 108, No. 1, 2013, McCombs Research Paper Series No. FIN-15-09
Number of pages: 48
Posted: 17 Mar 2011
Last Revised: 27 Nov 2016
Accepted Paper Series
The Chinese University of Hong Kong (CUHK) - CUHK Business School and University of Toronto, Rotman School of Management
Downloads
2,415
28.
CEO Personality and Firm Policies
6th Miami Behavioral Finance Conference, Stanford University Graduate School of Business Research Paper No. 16-34, Chicago Booth Research Paper No. 16-13, Fama-Miller Working Paper, Rock Center for Corporate Governance at Stanford University Working Paper No. 220
Number of pages: 62
Posted: 08 Jul 2016
Last Revised: 10 Aug 2016
Working Paper Series
University of Melbourne, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business and University of Chicago - Booth School of Business
There are 2 versions of this paper
CEO Personality and Firm Policies
6th Miami Behavioral Finance Conference, Stanford University Graduate School of Business Research Paper No. 16-34, Chicago Booth Research Paper No. 16-13, Fama-Miller Working Paper, Rock Center for Corporate Governance at Stanford University Working Paper No. 220
Number of pages: 62
Posted: 08 Jul 2016
Last Revised: 10 Aug 2016
Downloads
2,363
CEO Personality and Firm Policies
NBER Working Paper No. w22435
Number of pages: 61
Posted: 25 Jul 2016
Last Revised: 21 Apr 2021
Downloads
82
Downloads
2,363
29.
Anomalies Across the Globe: Once Public, No Longer Existent?
Journal of Financial Economics, Forthcoming
Number of pages: 46
Posted: 02 Aug 2016
Last Revised: 21 Oct 2018
Accepted Paper Series
University of Duisburg-Essen, Campus Essen and Technische Universität München (TUM) - TUM School of Management
Downloads
2,163
30.
Why Markets Are Inefficient: A Gambling ‘Theory’ of Financial Markets for Practitioners and Theorists
Number of pages: 29
Posted: 03 Mar 2017
Last Revised: 06 Jul 2021
Working Paper Series
Stuart School of Business, Illinois Institute of Technology
Downloads
2,070
31.
Forced Entrepreneurs
Journal of Finance, Forthcoming
Number of pages: 73
Posted: 29 Jun 2016
Last Revised: 11 May 2021
Accepted Paper Series
Indiana University - Kelley School of Business - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads
2,006
32.
A Study on Technical Analysis and Its Usefulness in Indian Stock Market
(2014). Mirror, 3, (2), 159-165. ISSN:2249-8117
Number of pages: 17
Posted: 14 Mar 2018
Accepted Paper Series
Mahatma Gandhi University
Downloads
1,990
33.
Optimal Trade Sizing in a Game with Favourable Odds: The Stock Market
Number of pages: 4
Posted: 02 Dec 2016
Last Revised: 05 Dec 2016
Working Paper Series
Elm Partners and Citigroup, Inc. - Citigroup Global Markets
Downloads
1,981
34.
A Tough Act to Follow: Contrast Effects in Financial Markets
Number of pages: 61
Posted: 03 Jun 2015
Last Revised: 22 Mar 2018
Working Paper Series
University of Chicago - Booth School of Business and Yale School of Management
There are 2 versions of this paper
A Tough Act to Follow: Contrast Effects in Financial Markets
Number of pages: 61
Posted: 03 Jun 2015
Last Revised: 22 Mar 2018
Downloads
1,974
A Tough Act to Follow: Contrast Effects in Financial Markets
NBER Working Paper No. w23883
Number of pages: 62
Posted: 02 Oct 2017
Downloads
20
Downloads
1,974
35.
Shiller's CAPE: Market Efficiency and Risk
Georgetown McDonough School of Business Research Paper No. 2876644
Number of pages: 37
Posted: 30 Nov 2016
Last Revised: 13 Apr 2018
Working Paper Series
Rutgers, The State University of New Jersey - Accounting & Information Systems and Georgetown University
There are 2 versions of this paper
Shiller's CAPE: Market Efficiency and Risk
Georgetown McDonough School of Business Research Paper No. 2876644
Number of pages: 37
Posted: 30 Nov 2016
Last Revised: 13 Apr 2018
Downloads
1,938
Shiller's Cape: Market Efficiency and Risk
Financial Review, Vol. 53, Issue 4, pp. 741-771, 2018
Number of pages: 31
Posted: 04 Oct 2018
Downloads
1,938
36.
Shaped by Their Daughters: Executives, Female Socialization, and Corporate Social Responsibility
Journal of Financial Economics (JFE), 2017
Number of pages: 51
Posted: 16 Jun 2015
Last Revised: 14 Dec 2017
Accepted Paper Series
University of Miami - Department of Finance and China Europe International Business School
Downloads
1,903
37.
Social Media, News Media and the Stock Market
Number of pages: 64
Posted: 02 Apr 2016
Last Revised: 29 Feb 2020
Working Paper Series
Maastricht University - Department of Finance, Imperial College London and Imperial College London
Downloads
1,902
38.
The Return Expectations of Public Pension Funds
Stanford University Graduate School of Business Research Paper No. 18-5, 9th Miami Behavioral Finance Conference 2018
Number of pages: 99
Posted: 06 Nov 2019
Last Revised: 06 Jul 2021
Working Paper Series
University of Amsterdam and Stanford Graduate School of Business
Downloads
1,870
39.
Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires
Quarterly Journal of Economics, Vol. 131, No. 3, Pages 1181-1241, 2016
Number of pages: 60
Posted: 15 Dec 2014
Last Revised: 16 Dec 2020
Accepted Paper Series
Directeur de Recherche, Centre National de la Recherche Scientifique, Toulouse School of Economics, Institute for Advanced Study in Toulouse, University of Toulouse Capitole, Toulouse, France, Yale University, Yale SOM and Yale School of Management
There are 3 versions of this paper
Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires
Quarterly Journal of Economics, Vol. 131, No. 3, Pages 1181-1241, 2016
Number of pages: 60
Posted: 15 Dec 2014
Last Revised: 16 Dec 2020
Downloads
1,858
Decision-Making Under the Gambler&Apos;S Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires
NBER Working Paper No. w22026
Number of pages: 61
Posted: 01 Mar 2016
Last Revised: 08 Mar 2021
Downloads
98
Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires
Quarterly Journal of Economics, 131(3): 1181-1241, 2016
Posted: 22 Jun 2015
Last Revised: 20 Apr 2020
Downloads
1,858
40.
What's Past is Not Prologue
Number of pages: 5
Posted: 08 Aug 2018
Working Paper Series
Elm Partners, Elm Partners and Elm Partners
Downloads
1,835
41.
The Effects of a 'Black Swan' Event (COVID-19) on Herding Behavior in Cryptocurrency Markets: Evidence from Cryptocurrency USD, EUR, JPY and KRW Markets
Number of pages: 57
Posted: 29 Apr 2020
Working Paper Series
University of Southampton - Southampton Business School, Rennes School of Business and ESC Rennes School of Business
Downloads
1,710
42.
Narrative Economics
Cowles Foundation Discussion Paper No. 2069
Number of pages: 58
Posted: 11 Jan 2017
Last Revised: 13 Jan 2017
Working Paper Series
Yale University - Cowles Foundation
There are 2 versions of this paper
Narrative Economics
Cowles Foundation Discussion Paper No. 2069
Number of pages: 58
Posted: 11 Jan 2017
Last Revised: 13 Jan 2017
Downloads
1,626
Narrative Economics
NBER Working Paper No. w23075
Number of pages: 57
Posted: 23 Jan 2017
Last Revised: 21 Jul 2021
Downloads
102
Downloads
1,626
43.
The Cash Conversion Cycle Spread
Journal of Financial Economics (JFE), Forthcoming
Number of pages: 58
Posted: 08 May 2017
Last Revised: 05 Aug 2018
Working Paper Series
University of Florida - Department of Finance, Insurance and Real Estate
Downloads
1,606
44.
No News Is News: Do Markets Underreact to Nothing?
Chicago Booth Research Paper No. 12-41, Midwest Finance Association 2013 Annual Meeting Paper, Fama-Miller Working Paper
Number of pages: 73
Posted: 01 Sep 2012
Last Revised: 11 Sep 2014
Working Paper Series
Yale School of Management and Yale School of Management
There are 2 versions of this paper
No News Is News: Do Markets Underreact to Nothing?
Chicago Booth Research Paper No. 12-41, Midwest Finance Association 2013 Annual Meeting Paper, Fama-Miller Working Paper
Number of pages: 73
Posted: 01 Sep 2012
Last Revised: 11 Sep 2014
Downloads
1,557
No News is News: Do Markets Underreact to Nothing?
NBER Working Paper No. w18914
Number of pages: 64
Posted: 22 Mar 2013
Downloads
20
Downloads
1,557
45.
Get Real! Individuals Prefer More Sustainable Investments
Number of pages: 97
Posted: 21 Nov 2018
Last Revised: 01 Feb 2021
Working Paper Series
Maastricht University, Maastricht University and Maastricht University
Downloads
1,541
46.
Textual Sentiment in Finance: A Survey of Methods and Models
International Review of Financial Analysis, Vol. 33, 2014
Number of pages: 46
Posted: 09 Feb 2013
Last Revised: 05 Apr 2016
Accepted Paper Series
Monash University - Monash Business School and University College Dublin
Downloads
1,515
47.
Seasonal Variation in Treasury Returns
Rotman School of Management Working Paper No. 1076644
Number of pages: 51
Posted: 20 Dec 2007
Last Revised: 29 Jan 2014
Working Paper Series
York University - Schulich School of Business, University of Toronto - Rotman School of Management and University of British Columbia (UBC) - Sauder School of Business
There are 2 versions of this paper
Seasonal Variation in Treasury Returns
Rotman School of Management Working Paper No. 1076644
Number of pages: 51
Posted: 20 Dec 2007
Last Revised: 29 Jan 2014
Downloads
1,505
Seasonal Variation in Treasury Returns
Critical Finance Review, 4(1), 45-115, 2015, Rotman School of Management Working Paper No. 2620912
Posted: 21 Jun 2015
Downloads
1,505
48.
Estimating Sentiment, Risk Aversion, and Time Preference from Behavioral Pricing Kernel Theory
Swiss Finance Institute Research Paper No. 12-21
Number of pages: 47
Posted: 18 May 2012
Last Revised: 20 Mar 2017
Working Paper Series
University of Lugano, USI Lugano - Institute of Finance and Santa Clara University - Leavey School of Business
Downloads
1,503
49.
Behavioral Finance Beyond the Markets: A Real-Time Case Study of Russia's Military Resurgence
The Journal of Behavioral Finance & Economics, Vol. 5, Issues 1-2, pp. 145-164, 2016
Number of pages: 16
Posted: 10 Aug 2017
Last Revised: 13 Aug 2017
Accepted Paper Series
Socionomics Institute, Socionomics Institute and The Socionomics Institute
Downloads
1,469
50.
Impact of Behavioral Biases on Investment Decision; Moderating Role of Financial Literacy
Number of pages: 14
Posted: 26 Sep 2016
Last Revised: 10 Nov 2016
Working Paper Series
International Islamic University, Islamabad and International Islamic University Pakistan
Downloads
1,443
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