TITLE

The Grass is Always Browner…

PUB. DATE
February 1998
SOURCE
Journal of Financial Planning;Feb1998, Vol. 11 Issue 1, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article reports on the study conducted by Terrance Odean of the University of California at Davis, about replacement stocks. The author found in a study of 10,000 trading accounts at a large brokerage firm that, on average, investors who sold stocks and then replaced them were worse off than if they had kept the ones they sold. Odean attributed part of the cause to trading costs.
ACCESSION #
268943

 

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