The disposition effect and the relevance of the reference period : evidence among sophisticated investors
The Disposition Effect (DE) describes the disposition of selling winners too early and of keeping losers for too long. Conventionally the DE is measure using trades and the average purchase price. Being more rigorous with its measure, we found that US institutional and mutual fund present some evide...
- Autores:
-
Sarmiento Sabogal, Julio Alejandro
Rendón, Jairo Andrés
Sandoval, Juan S.
Cayón Fallon, Edgardo
- Tipo de recurso:
- Article of investigation
- Fecha de publicación:
- 2019
- Institución:
- Colegio de Estudios Superiores de Administración
- Repositorio:
- Repositorio CESA
- Idioma:
- eng
- OAI Identifier:
- oai:repository.cesa.edu.co:10726/5083
- Palabra clave:
- Disposition effect
Mutual funds
Institutions
Investment decisions
- Rights
- License
- Acceso Restringido