The link between stocks and lottery tickets
The link between stocks and lottery tickets
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lottery stocks ; skewness preference ; investor clientele ; investor attention ; fund performance ; risk shifting Full access Download PDF
The evidence instead supports that managers cater to fund investors' preference for such stocks In particular, funds with more lottery holdings attract larger Likewise, in the stock market, investors are drawn towards certain stocks as lotteries The excitement of earning higher returns tempts
dv lottery 2024 deadline Analysts have the ability to identify which lottery-like stocks are 'dark horses' with good investment potential, and indeed, their revisions on lottery-like Analysts have the ability to identify which lottery-like stocks are 'dark horses' with good investment potential, and indeed, their revisions on lottery-like
