… stocks. I present similar evidence on the MAX anomaly and show that high-MAX stocks have low-institutional ownership, suggesting that they attract mainly individual investors … 7.4 Institutional ownership and the MAX effect If …
CITATION STYLE
Fong, W. M. (2014). The MAX Effect. In The Lottery Mindset: Investors, Gambling and the Stock Market (pp. 138–155). Palgrave Macmillan UK. https://doi.org/10.1057/9781137381736_7
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