Essays about: "Dumb Money"
Found 3 essays containing the words Dumb Money.
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1. Smart Money and Mutual Fund Family
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper studies the smart money effect within mutual fund families by looking at monthly US equity open-ended mutual fund data between 2011 and 2019. Investors' money is said to be smart when it is able to predict future performance. READ MORE
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2. Dumb and Dumber: A Study of Capital Flows and Cross-sectional Mispricing
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This study analyzes the role of smart money and dumb money in relation to cross-sectional mispricing of stocks, measured using eleven well-documented asset pricing anomalies. Further, we investigate whether dumber money is present in the market by examining the relationship between retail investor capital flows and mispricing in the cross section of stocks. READ MORE
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3. Equity crowdfunding: Is it really "Dumb money"? : An exploratory study on the non-financial value added by equity crowdfunding investors from Swedish entrepreneurs’ perspective
University essay from Högskolan i Jönköping/IHH, FöretagsekonomiAbstract : Abstract Background: In an equity crowdfunding campaign, the investor receives shares in the company in return for the investment, which makes equity crowdfunding similar to traditional sources of equity funding. Nevertheless, skeptics have referred to equity crowdfunding as “dumb money”, since it might not provide similar non-financial value added as realized from professional investors. READ MORE