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- W2079372273 abstract "We design a new metric to measure the net buying and selling by institutions and individual investors and find that from 1980 to 2004 institutional investors were net buyers of growth stocks and net sellers of value stocks, implying that individual investors were net buyers of value stocks and net sellers of glamour stocks. The institutional preference for glamour and value stocks seems to be related to sell-side analysts' recommendations and recent favorable stock price performances, especially during the post-1994 period. Finally, the institutional buying of growth stocks and sale of value stocks was not based on superior information." @default.
- W2079372273 created "2016-06-24" @default.
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- W2079372273 date "2008-03-01" @default.
- W2079372273 modified "2023-10-18" @default.
- W2079372273 title "GLAMOUR VERSUS VALUE: TRADING BEHAVIOR OF INSTITUTIONS AND INDIVIDUAL INVESTORS" @default.
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- W2079372273 doi "https://doi.org/10.1111/j.1475-6803.2008.00232.x" @default.
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