Inexperienced investors, lacking historical context, impact markets
Experienced founders with good products still need great employees to attract early investment, study finds
Their level of technology and services makes up for it; it’s vice versa with little banks
Cultural differences and investor behavior can drive reversals and momentum
Investors initially underreact to volatility, then overreact
They counteract the impulses of two other market personality types
A model suggests that the data might lead index funds to target those same stocks in oversight of corporate management
In a model, cultural differences matter as much as geography, institutional distinctions or capital constraints
Avanidhar Subrahmanyam studies how some investors’ gambling mentality affects share prices
How investment data and country rankings correlate on treatment of women