Value investing or investing in illiquidity? The profitability of contrarian investment strategies, revisited

Value investing or investing in illiquidity? The profitability of contrarian investment strategies, revisited

Abstract Background  We investigate whether the success of contrarian investment strategies can be attributed to differences in the relative illiquidity of stocks categorized as value investments versus those categorized as glamour portfolios. Methods Following Lakonishok et al. (J Financ 49:1541–15...

Full description

Bibliographic Details
Main Authors: Aron A. Gottesman, Gady Jacoby, Huijing Li
Format: Article
Language:English
Published: SpringerOpen 2017-12-01
Series:Financial Innovation
Subjects:
Contrarian investment strategies
Illiquidity
Value portfolios
Growth portfolios
Book to market ratio
Online Access:http://link.springer.com/article/10.1186/s40854-017-0082-9

Internet

http://link.springer.com/article/10.1186/s40854-017-0082-9

Similar Items