Using Chinese A and B shares, institutional players outperform individuals
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
A short squeeze can ripple across short sellers’ positions
Active traders lose their edge as a marital breakup approaches
Investors initially underreact to volatility, then overreact
Including intangible assets in book value vastly improves the strategy’s returns
Stock prices dip around some announcements of return of jobs