The Repurchasing Behaviors of Taiwanese Individual Investors
, 2007 這篇論文利用投資人整體投資次數以及投資人比例兩種角度，來探討台灣投資人的三種重購行為，(1)是否會重購之前賣出時獲利的股票；(2)是否會重購賣出後價格下跌的股票以及(3)是否會重購目前持有的投資組合中，價格下跌的股票，根據研究發現，投資人確實有這些傾向；並且取1998年至2001年的台灣股票市場加權指數資料發現，投資人在市場景氣低迷時，會更傾向於做這些重購動作。 另外根據研究顯示，投資人無法從這些重購行為中獲利，而在利用回歸分析後，也找出一些從事這些重購行為投資人的特性。This paper ...
許雅亭, Hsu, Ya-Ting
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Do Domestic Investors Have More Valuable Information About Individual Stocks Than Foreign Investors? [PDF]
Using trade data from Korea from December 1996 to November 1998, we find evidence that domestic individual investors have a short-lived private information advantage for individual stocks over foreign investors, but almost no evidence that domestic ...
Hyuk Choe, Bong-Chan Kho, Rene M. Stulz
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Big Fish in Small Ponds: The Trading Behaviour and Price Impact of Foreign Investors in Asian Emerging Equity Markets [PDF]
This paper analyses data for the aggregate daily trading of all foreign investors in six Asian emerging equity markets and provides two new findings. First, foreigners’ flows into several markets show positive-feedback trading with respect to global, as ...
Anthony Richards
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The Correlated Trading and Investment Performance of Individual Investors
Individual investors tend to trade in the same direction as other individual investors in the same broker branch. The more pronounced an individual investor's herding behavior, the worse his/her investment performance.
Zhao, Jing, Kuo, Wei-Yu, Lin, Tse-Chun
core +1 more source
Do Individual Index Futures Investors Destabilize the Underlying Spot Market? [PDF]
This paper investigates the impact of introducing index futures trading on the volatility of the underlying stock market. We exploit a unique institutional setting in which presumably uninformed individuals are the dominant trader type in the futures ...
Christian A. Salm +2 more
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The Local Bias of Individual Investors
This study investigates individual investors' bias towards nearby companies. Using data from a large U.S. discount brokerage, we find that individual investors tend to invest in companies closer to them relative to the market portfolio.
Ning Zhu
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Can Individual Investors Beat the Market? [PDF]
We document strong persistence in the performance of trades of individual investors. Investors classified in the top 10 percent place other trades that on average earn excess returns of 15 basis points per day.
David Hirshleifer +2 more
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Trading Attributes and Learning Effects of Individual Investors
, 2013 [[abstract]]This paper aim to analyze whether the learning effects of Taiwan’s individual investors will improve their behavioral bias and promote investment performance .Then discuss what factors could affect learning effect of individual investors ...
陳明憲(Ming-Hsien Chen), 鄭雯心(Wen-Shin Cheng)
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Bridging the divide between health economics and outcomes research and biomedical investment: reflections from a health economist working in venture capital. [PDF]
J Comp Eff ResXie RZ.
europepmc +1 more source
Suicide Risk and Resilience in Stock Market Investors and Traders: Clinical and Medico-Legal Considerations. [PDF]
Behav Sci (Basel)Sher L.
europepmc +1 more source