Mark Grinblatt

University of California, Los Angeles (UCLA) - Finance Area

Professor of Finance

Los Angeles, CA 90095-1481

United States

Yale University - International Center for Finance

Fellow

Box 208200

New Haven, CT 06520-8200

United States

National Bureau of Economic Research (NBER)

Director

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

32

DOWNLOADS
Rank 571

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Top 571

in Total Papers Downloads

35,689

CITATIONS
Rank 1,430

SSRN RANKINGS

Top 1,430

in Total Papers Citations

528

Scholarly Papers (32)

1.

Prospect Theory, Mental Accounting, and Momentum

Yale ICF Working Paper No. 00-71; UCLA Anderson School Finance Working Paper No. 01-18; AFA 2003 Washington, DC Meetings
Number of pages: 38 Posted: 09 Nov 2001
Bing Han and Mark Grinblatt
University of Toronto, Rotman School of Management and University of California, Los Angeles (UCLA) - Finance Area
Downloads 5,529 (1,246)
Citation 6

Abstract:

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prospect theory, mental accounting, disposition effect, momentum

2.
Downloads 3,914 ( 2,287)
Citation 1

Agnostic Fundamental Analysis Works

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 07 Oct 2015 Last Revised: 18 Dec 2017
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 2,958 (3,610)
Citation 1

Abstract:

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Valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen

Agnostic Fundamental Analysis Works

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 14 Aug 2014 Last Revised: 18 Dec 2017
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 956 (22,512)

Abstract:

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Valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen

3.
Downloads 3,410 ( 2,881)

Positive Portfolio Factors

Yale School of Management Working Paper No. F-57
Number of pages: 22 Posted: 23 Apr 1998
New York University - Stern School of Business, Yale School of Management - International Center for Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 3,318 (2,963)

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Positive Portfolio Factors

NBER Working Paper No. w6412
Number of pages: 19 Posted: 20 Sep 2000 Last Revised: 08 Oct 2010
New York University - Stern School of Business, Yale School of Management - International Center for Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 92 (280,179)

Abstract:

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4.

IQ and Stock Market Participation

AEA 2010 Atlanta Meetings Paper, CRSP Working Paper, Western Finance Association 2010 Meetings Paper, Journal of Finance, Forthcoming, Chicago Booth Research Paper No. 09-27
Number of pages: 56 Posted: 02 Aug 2009 Last Revised: 23 Jan 2011
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Dartmouth College - Tuck School of Business
Downloads 3,194 (3,236)
Citation 38

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Intelligence, household finance, stock market participation

5.

What Makes Investors Trade?

Yale ICF Working Paper No. 00-02; Yale SOM Working Paper No. ICF 00-02
Number of pages: 32 Posted: 10 Jul 2000
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 2,542 (4,752)
Citation 28

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6.

An Analytic Solution for Interest Rate Swap Spreads

Yale ICF Working Paper No. 02-02
Number of pages: 45 Posted: 21 Jan 2002
Mark Grinblatt
University of California, Los Angeles (UCLA) - Finance Area
Downloads 2,018 (7,021)
Citation 14

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7.

IQ, Trading Behavior, and Performance

Journal of Financial Economics, Forthcoming, CRSP Working Paper, AFA 2010 Atlanta Meetings Paper, EFA 2010 Frankfurt Meetings Paper, Chicago Booth Research Paper No. 09-33
Number of pages: 65 Posted: 20 Mar 2009 Last Revised: 17 Nov 2011
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Dartmouth College - Tuck School of Business
Downloads 1,946 (7,475)
Citation 4

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Intelligence, household finance, trading performance

8.

The Valuation Effects of Stock Splits and Stock Dividends

Journal of Financial Economics (JFE), Vol. 13, No. 4, 1984
Number of pages: 36 Posted: 21 Jun 2007
Mark Grinblatt, Ronald W. Masulis and Sheridan Titman
University of California, Los Angeles (UCLA) - Finance Area, University of New South Wales - Australian School of Business and University of Texas at Austin - Department of Finance
Downloads 1,891 (7,867)
Citation 4

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Stock splits, stock dividends, signalling, announcement effects, ex-date effects

9.

The Cross Section of Expected Returns and its Relation to Past Returns: New Evidence

CRSP Working Paper No. 503; Yale ICF Working Paper No. 99-09
Number of pages: 42 Posted: 20 Oct 1999
Mark Grinblatt and Tobias J. Moskowitz
University of California, Los Angeles (UCLA) - Finance Area and Yale University, Yale SOM
Downloads 1,560 (10,811)
Citation 21

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10.

Style and Skill: Hedge Funds, Mutual Funds, and Momentum

Number of pages: 51 Posted: 08 Jan 2016 Last Revised: 09 Oct 2016
University of California, Los Angeles (UCLA) - Finance Area, George Washington University - Department of Finance, Federal Reserve Board and George Mason University - Department of Finance
Downloads 1,405 (12,780)
Citation 2

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Hedge funds, mutual funds, momentum, contrarian, anomalies, stock-picking skill

11.
Downloads 1,357 ( 13,494)
Citation 2

Global Market Inefficiencies

Number of pages: 69 Posted: 02 Aug 2017 Last Revised: 16 Dec 2018
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 494 (55,175)

Abstract:

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International finance, valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen, transaction costs, principal components, IPCA

Global Market Inefficiencies

Number of pages: 69 Posted: 20 Dec 2014 Last Revised: 16 Dec 2018
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 470 (58,791)

Abstract:

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International finance, valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen, transaction costs, principal components, IPCA

Global Market Inefficiencies

Number of pages: 69 Posted: 14 Jul 2017 Last Revised: 16 Dec 2018
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 175 (170,339)

Abstract:

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International finance, valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen, transaction costs, principal components, IPCA

Global Market Inefficiencies

Number of pages: 69 Posted: 09 Aug 2017 Last Revised: 16 Dec 2018
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 118 (235,566)
Citation 1

Abstract:

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International finance, valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen, transaction costs, principal components, IPCA

Global Market Inefficiencies

Number of pages: 69 Posted: 01 Aug 2018 Last Revised: 25 Jun 2019
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 100 (265,103)
Citation 1

Abstract:

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International finance, valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen, transaction costs, principal components, IPCA

12.

Distance, Language, and Culture Bias: The Role of Investor Sophistication

Yale ICF Working Paper No. 00-04; Yale SOM Working Paper No. ICF 00-04
Number of pages: 27 Posted: 31 May 2000
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 1,235 (15,610)
Citation 22

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13.

What Do We Really Know About the Cross-Sectional Relation Between Past and Expected Returns?

Yale ICF Working Paper No. 00-72
Number of pages: 50 Posted: 25 Jan 2002
Mark Grinblatt and Tobias J. Moskowitz
University of California, Los Angeles (UCLA) - Finance Area and Yale University, Yale SOM
Downloads 1,063 (19,576)

Abstract:

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14.

Jensen's Inequality, Parameter Uncertainty, and Multi-Period Investment

Chicago Booth Research Paper No. 10-22, CRSP Working Paper
Number of pages: 48 Posted: 23 Jun 2010 Last Revised: 02 Nov 2010
Mark Grinblatt and Juhani T. Linnainmaa
University of California, Los Angeles (UCLA) - Finance Area and Dartmouth College - Tuck School of Business
Downloads 613 (42,315)

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Bayesian, Multi-period Investment, Nonlinear Estimation

15.

Analyst Bias and Mispricing

7th Miami Behavioral Finance Conference 2016
Number of pages: 49 Posted: 02 Sep 2015 Last Revised: 05 Aug 2018
Mark Grinblatt, Gergana Jostova and Alexander Philipov
University of California, Los Angeles (UCLA) - Finance Area, George Washington University - Department of Finance and George Mason University - Department of Finance
Downloads 527 (51,427)
Citation 3

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Analyst bias, credit risk, anomalies, market efficiency, behavioral

16.

The Disposition Effect and Momentum

NBER Working Paper No. w8734
Number of pages: 45 Posted: 24 Jan 2002 Last Revised: 15 Jul 2002
Bing Han and Mark Grinblatt
University of Toronto, Rotman School of Management and University of California, Los Angeles (UCLA) - Finance Area
Downloads 518 (52,576)

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17.
Downloads 476 ( 58,526)
Citation 18

Tax-Loss Trading and Wash Sales

Yale ICF Working Paper No. 00-15; Yale SOM Working Paper No. ICF - 00-15
Number of pages: 41 Posted: 22 Aug 2000
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 438 (64,133)

Abstract:

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Tax-Loss Trading and Wash Sales

NBER Working Paper No. w8745
Number of pages: 38 Posted: 24 Jan 2002 Last Revised: 25 Jan 2002
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 38 (439,304)

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18.

IQ and Mutual Fund Choice

AFA 2013 San Diego Meetings Paper, San Diego Jan. 4-6, 2013
Number of pages: 57 Posted: 15 Mar 2012 Last Revised: 16 May 2013
University of California, Los Angeles (UCLA) - Finance Area, Aalto University, Aalto University - School of Business and BI Norwegian Business School
Downloads 441 (64,242)
Citation 3

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mutual fund, IQ, fees, portfolio choice

19.

Agnostic Fundamental Analysis Works

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 30 Jun 2016 Last Revised: 18 Dec 2017
Söhnke M. Bartram and Mark Grinblatt
Warwick Business School - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area
Downloads 440 (64,433)
Citation 7

Abstract:

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Valuation, asset pricing, market efficiency, fundamental analysis, Point-in-Time, Theil-Sen

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

Yale ICF Working Paper No. 04-10
Number of pages: 49 Posted: 13 Apr 2004
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University
Downloads 310 (96,066)

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Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

NBER Working Paper No. w10226
Number of pages: 42 Posted: 23 Jan 2004
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University
Downloads 40 (430,636)

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21.
Downloads 328 ( 90,792)
Citation 7

Debt Policy, Corporate Taxes, and Discount Rates

UCLA Finance Working Paper No. 14-02
Number of pages: 34 Posted: 13 Jun 2003
Mark Grinblatt and Jun Liu
University of California, Los Angeles (UCLA) - Finance Area and University of California, San Diego (UCSD) - Rady School of Management
Downloads 278 (108,093)
Citation 1

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debt policy, corporate taxes, discount rates, weighted cost of capital

Debt Policy, Corporate Taxes, and Discount Rates

NBER Working Paper No. w9353
Number of pages: 35 Posted: 21 Nov 2002 Last Revised: 30 Oct 2010
Mark Grinblatt and Jun Liu
University of California, Los Angeles (UCLA) - Finance Area and University of California, San Diego (UCSD) - Rady School of Management
Downloads 50 (392,421)

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Information Aggregation, Security Design, and Currency Swaps

Yale ICF Working Paper No. 00-73
Number of pages: 31 Posted: 04 Feb 2002
Mark Grinblatt, Bhagwan Chowdhry and David K. Levine
University of California, Los Angeles (UCLA) - Finance Area, University of California, Los Angeles (UCLA) - Finance Area and Washington University in St. Louis - Department of Economics
Downloads 289 (103,698)

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Information Aggregation, Security Design and Currency Swaps

NBER Working Paper No. w8746
Number of pages: 30 Posted: 11 Feb 2004
Bhagwan Chowdhry, Mark Grinblatt and David K. Levine
University of California, Los Angeles (UCLA) - Finance Area, University of California, Los Angeles (UCLA) - Finance Area and Washington University in St. Louis - Department of Economics
Downloads 25 (504,989)
Citation 1

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Information Aggregation, Security Design, and Currency Swaps

Journal of Political Economy, Vol. 110, June 2002
Posted: 20 Jun 2002
Bhagwan Chowdhry, Mark Grinblatt and David K. Levine
University of California, Los Angeles (UCLA) - Finance Area, University of California, Los Angeles (UCLA) - Finance Area and Washington University in St. Louis - Department of Economics

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23.

Are Mutual Fund Fees Competitive? What IQ-Related Behavior Tells Us

Number of pages: 33 Posted: 17 Mar 2008
Mark Grinblatt, Seppo Ikaheimo and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area, Aalto University and Aalto University - School of Business
Downloads 241 (126,010)
Citation 4

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24.

Sensation Seeking, Overconfidence, and Trading Activity

NBER Working Paper No. w12223
Number of pages: 33 Posted: 25 May 2006 Last Revised: 24 Jul 2006
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business
Downloads 190 (158,111)
Citation 5

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Social Influence and Consumption: Evidence from the Automobile Purchases of Neighbors

Number of pages: 53 Posted: 22 Jun 2007
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University
Downloads 106 (254,536)

Abstract:

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Social influennce, consumption, network effects, automobiles

Social Influence and Consumption: Evidence from the Automobile Purchases of Neighbors

Review of Economics and Statistics, Forthcoming
Posted: 18 Oct 2007
Mark Grinblatt, Matti Keloharju and Seppo Ikaheimo
University of California, Los Angeles (UCLA) - Finance Area, Aalto University - School of Business and Aalto University

Abstract:

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Social influennce, consumption, network effects, automobiles

26.

What Do We Really Know About the Cross-Sectional Relation between Past and Expected Returns?

NBER Working Paper No. w8744
Number of pages: 49 Posted: 24 Jan 2002 Last Revised: 15 Aug 2014
Mark Grinblatt and Tobias J. Moskowitz
University of California, Los Angeles (UCLA) - Finance Area and Yale University, Yale SOM
Downloads 81 (300,945)

Abstract:

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27.

When Factors Don't Span Their Basis Portfolios

Journal of Financial and Quantitative Analysis, 2018
Posted: 05 Jun 2016 Last Revised: 02 Feb 2019
Mark Grinblatt and Konark Saxena
University of California, Los Angeles (UCLA) - Finance Area and University of New South Wales

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Factor Models, Mean Variance Efficient Portfolios, Jackknife Estimators, HML, SMB

28.

Signalling and the Pricing of New Issues

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 17 Nov 2009
Mark Grinblatt and Chuan-Yang Hwang
University of California, Los Angeles (UCLA) - Finance Area and Nanyang Technological University (NTU)

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Signaling, Startups, Initial public offerings (IPO), Stock offerings, Underpricing, Valuation, Market value, Prices, Shareholders, Information asymmetry

29.

The Investment Behavior and Performance of Various Investor Types: A Study of Finland's Unique Data Set

Journal of Financial Economics, Vol. 55, No. 1, Jan. 1, 2000
Posted: 13 Sep 2001
Mark Grinblatt and Matti Keloharju
University of California, Los Angeles (UCLA) - Finance Area and Aalto University - School of Business

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Investor Behavior; Momentum; Performance; International Stock Returns

30.

The Relative Pricing of Eurodollar Futures and Forward Contracts

Posted: 16 Sep 1999
Narasimhan Jegadeesh and Mark Grinblatt
Emory University - Department of Finance and University of California, Los Angeles (UCLA) - Finance Area

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31.

Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior

Posted: 07 Sep 1999
Mark Grinblatt, Sheridan Titman and Russ Wermers
University of California, Los Angeles (UCLA) - Finance Area, University of Texas at Austin - Department of Finance and University of Maryland - Robert H. Smith School of Business

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32.

Financial Innovation and the Role of Derivative Securities: An Empirical Analysis of the Treasury Strips Program

Working Paper 1-96
Posted: 01 Jul 1998
Mark Grinblatt and Francis A. Longstaff
University of California, Los Angeles (UCLA) - Finance Area and University of California, Los Angeles (UCLA) - Finance Area

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