Using Chinese A and B shares, institutional players outperform individuals
Director expertise disciplines CEO into providing better information
Equity volatility can encourage — or dampen — investment, depending on a firm’s bond spread
Active investors take up some — but not all — of the slack created by index funds
Even before Dodd-Frank rules, the costs were significant
Some investment vehicles are more reliant than others on the health of trading firms
As a group, Chinese futures traders more likely to suffer margin call than to profit
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
A short squeeze can ripple across short sellers’ positions
Market concentration, price and quality drive choice of firms
Analysis uses business credit card loans to gauge market perception
A model examines the relationships between innovation, speculation and market values
Active traders lose their edge as a marital breakup approaches
Good ideas may be scarce, capital to fund them is not
In a model, cultural differences matter as much as geography, institutional distinctions or capital constraints
Investors initially underreact to volatility, then overreact