Blar i NHH Brage på forfatter "Henriksen, Thomas Gausemel"
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Retail investors’ preferences for lottery stocks : Are retail investors overinvesting in lottery-type stocks due to wealth constraints?
Myhre, Jørgen H. Halvorsen; Henriksen, Thomas Gausemel (Master thesis, 2020)We find that retail investors on aggregate are less attracted to stocks with highly skewed returns after an exogenous increase in stock tradability. Using data on the number of Robinhood investors owning U.S. stocks, we ...