Topic: Trading

Illustration of two dice Research Brief / Investing

You Call That Fun? Why Individual Stock Investors Bother

Avanidhar Subrahmanyam studies how some investors’ gambling mentality affects share prices

Monochrome picture of children cheering Research Brief / Investing

When Younger Investors Overreact to News, Others Feel It

Inexperienced investors, lacking historical context, impact markets

A man using a laptop on his kitchen table Research Brief / Investing

Puncturing the Small-Investors-are-Bad-Investors Narrative

Individuals using the Robinhood trading app appear to beat the market

Different countries currencies in a collage format Research Brief / Bond Market

Out of the 1990s Asian Crisis, a New Bond Market Rises

Local currency sovereign bonds transfer risk from issuer to buyer

Computer screen with stock trading software Research Brief / Trading

One Data Set That Warns Against Margin Trading

As a group, Chinese futures traders more likely to suffer margin call than to profit

Research Brief / Stock Market

Often Reviled, Short Sellers Are Newly Vulnerable to the Meme Mob

A short squeeze can ripple across short sellers’ positions

Two people sit opposite of each other while working on their laptops Research Brief / Investing

Heading for a Divorce? Might Want to Go Easy on Stock Picking

Active traders lose their edge as a marital breakup approaches

Close up of a smartphone Research Brief / Investing

GameStop Aside, Retail Investors Might be Terrible at Momentum Investing

Using Chinese A and B shares, institutional players outperform individuals

Jay Powell Research Brief / Markets

Corporate Bond Market Meltdown Averted after Fed Action

Decade-old bank-risk limits may have exacerbated liquidity problems

Women in front of a stock ticker board Research Brief / Trading

Chinese Investors Learn about Derivatives the Hard Way

An analysis of warrant trading reveals individuals’ poor grasp of complex securities

An angled photo of brick building storefronts Research Brief / Entrepreneurship

Borrowings Suggest Small Company Owners Face Higher Risk

Analysis uses business credit card loans to gauge market perception

A person looking a computer screen with stock ticker Research Brief / Stock Returns

A Tool for Finding Mispriced Stocks

Less sophisticated investors reveal their sentiment in certain trades, and a 20-year study measures it company by company