Lakonishok et al., 1994 - Google Patents

Contrarian investment, extrapolation, and risk

Lakonishok et al., 1994

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Document ID
5973090705794314687
Author
Lakonishok J
Shleifer A
Vishny R
Publication year
Publication venue
The journal of finance

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Snippet

For many years, scholars and investment professionals have argued that value strategies outperform the market. These value strategies call for buying stocks that have low prices relative to earnings, dividends, book assets, or other measures of fundamental value. While …
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