Sentences with phrase «investor overreaction»

Thaler, Richard H. and De Bondt, Werner F.M., Further Evidence on Investor Overreaction and Stock Market Seasonality (Jul 1987).

One of the most fascinating examples of the phenomenon of mean reversion was identified by Werner F.M. DeBondt and Richard H. Thaler in Further Evidence on Investor Overreaction and Stock Market Seasonality.

The New Yorker has John Cassidy's interview with Richard Thaler, Chicago School economist and co-author (along with Werner F.M. DeBondt) of Further Evidence on Investor Overreaction and Stock...

-LSB-...] because that was what all the early research seemed to say (See, for example, Roger Ibbotson's «Decile Portfolios of the New York Stock Exchange, 1967 — 1984,» Werner F.M. DeBondt and Richard H. Thaler's «Further Evidence on Investor Overreaction and -LSB-...]

-LSB-...] Richard H. Thaler, Chicago School economist and co-author (along with Werner F.M. DeBondt) of Further Evidence on Investor Overreaction and Stock Market Seasonality, and the «Thaler» in Fuller & Thaler Asset Management, has written an opinion piece for -LSB-...]

-LSB-...] the phenomenon of mean reversion was identified by Werner F.M. DeBondt and Richard H. Thaler in Further Evidence on Investor Overreaction and Stock Market Seasonality.

-LSB-...] that was what all the early research seemed to say (See, for example, Roger Ibbotson's «Decile Portfolios of the New York Stock Exchange, 1967 — 1984,» Werner F.M. DeBondt and Richard H. Thaler's «Further Evidence on Investor Overreaction -LSB-...]

A second study conducted by Werner F.M. DeBondt and Richard H. Thaler, Finance Professors at University of Wisconsin and Cornell University, respectively, examined stock price in relation to book value in «Further Evidence on Investor Overreaction and Stock Market Seasonality,» The Journal of Finance, July 1987.

-LSB-...] Risk paper, and the «Thaler» in Fuller & Thaler is Richard H. Thaler, co-author of Further Evidence on Investor Overreaction and Stock Market Seasonality, both papers I'm wont to cite.

-LSB-...] H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987).

Richard H. Thaler, Chicago School economist and co-author (along with Werner F.M. DeBondt) of Further Evidence on Investor Overreaction and Stock Market Seasonality, and the «Thaler» in Fuller & Thaler Asset Management, has written an opinion piece for the NYTimes.com «The Overconfidence Problem in Forecasting.»

My investment thesis was based on investor overreaction, not on the intrinsic value of the assets.

You might recognize the names: «LSV» stands for Lakonishok, Shleifer, and Vishny, authors of the landmark Contrarian Investment, Extrapolation and Risk paper, and the «Thaler» in Fuller & Thaler is Richard H. Thaler, co-author of Further Evidence on Investor Overreaction and Stock Market Seasonality, both papers I'm wont to cite.

Book value has received plenty of attention from researchers in academia and industry, starting with Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986) and Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987).

The New Yorker has John Cassidy's interview with Richard Thaler, Chicago School economist and co-author (along with Werner F.M. DeBondt) of Further Evidence on Investor Overreaction and Stock Market Seasonality, a paper I like to cite in relation to low P / B quintiles and earnings mean reversion.

In this instance, Professor Oppenheimer's study speaks to the return on the Near Graham Net Net Portfolio, as Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny's Contrarian Investment, Extrapolation and Risk (1994) as updated by The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008) speak to the return on the Ultra-low Price - to - book Portfolio.

Its conclusion that book - to - price indicates expected returns associated with expected earnings growth is particularly interesting, and accords with the same findings in Werner F.M. DeBondt and Richard H. Thaler in Further Evidence on Investor Overreaction and Stock Market Seasonality.

As the various studies we have discussed recently demonstrate — Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny Contrarian Investment, Extrapolation and Risk (1994) and The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008)-- low price - to - book value stocks outperform higher priced stocks and the market in general.

As we discussed yesterday in Testing the performance of price - to - book value, various studies, including Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny Contrarian Investment, Extrapolation and Risk (1994) and The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008) all conclude that lower price - to - book value stocks tend to outperform higher price - to - book value stocks, and at lower risk.

One of the most fascinating examples of the phenomenon of mean reversion was identified by Werner F.M. DeBondt and Richard H. Thaler in Further Evidence on Investor Overreaction and Stock Market Se...

Finally, he investigates whether abnormal returns around peaks are due to investor overreaction.

The potential for wider market disruption seems fairly muted, perhaps stemming only from investor overreaction to headlines.

Finally, he investigates whether abnormal returns around peaks are due to investor overreaction.

In the May 2016 version of his paper entitled «Abnormal Stock Market Returns Around Peaks in VIX: The Evidence of Investor Overreaction?»

Not exact matches

To some investors, those falling valuations signal an overreaction — one that, Miller says, has made many stocks «fairly attractive and very investable.»

The deeper investors discount the likelihood of Fed action, the greater the risk any move will trigger an overreaction with unpredictable and negative economic fallout, making policymakers more hesitant to act.

We're also seeing overreactions by investors who have been quick to draw conclusions about what it all means before the dust has settled.

Remember this because when investors see the market plunging on news items that seem like «nothing,» they're often tempted to buy into what clearly seems to be an overreaction.

Snow Capital Management is a boutique investor firm that takes advantage of investors» overreaction to negative events as the company experiences a temporary difficulty of sorts.

Typically, securities oversell due to an overreaction on the part of investors regarding a piece of news or other information.

While most firms deserve their low ratios, value investors seek companies with low price - earnings ratios in the belief that through neglect or overreaction to bad news, the market has not correctly evaluated the earnings potential of the company.

But for investors with courage, conviction, and an outlook longer than a few months, we think this market overreaction is a wonderful buying opportunity.

Using a variety of methods researchers have documented systematic biases (e.g., underreaction, overreaction, etc.) that occur among professional investors as well as novices.

Thus, for value investors opportunity can be created by overreaction to a temporary stumble that is extrapolated out as a permantent reduction in earnings power or NAV.

Think about how many investors dumped tons of stock in the early 2000's (not just tech stocks, which were the problem, but ALL stock) due to nothing more than fear and overreaction?