(Presentation Slides) Investor Overconfidence, Covariance Risk, and Predictors of Securities Returns

Risk, Return, and Equilibrium: Empirical Tests

1973 • 14,580 citations

The relationship between return and market value of common stocks

1981 • 6,052 citations

The equity premium: A puzzle

1985 • 5,686 citations

Investor Psychology and Security Market Under‐ and Overreactions

1998 • 5,459 citations

Contrarian Investment, Extrapolation, and Risk

1994 • 4,396 citations

The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors

1988 • 3,689 citations

The Capital Asset Pricing Model: Some Empirical Tests

1972 • 2,784 citations

Myopic Loss Aversion and the Equity Premium Puzzle

1995 • 2,350 citations

Further Evidence On Investor Overreaction and Stock Market Seasonality

1987 • 2,330 citations

Habit Formation: A Resolution of the Equity Premium Puzzle

1990 • 2,223 citations

Size-related anomalies and stock return seasonality

1983 • 1,852 citations

The relationship between earnings' yield, market value and return for NYSE common stocks

1983 • 1,692 citations

Noise

1986 • 1,665 citations

Investor Sentiment and the Closed‐End Fund Puzzle

1991 • 1,291 citations

Implications of Security Market Data for Models of Dynamic Economies

1991 • 1,158 citations

Local Return Factors and Turnover in Emerging Stock Markets

1999 • 900 citations

Anomalies in relationships between securities' yields and yield-surrogates

1978 • 779 citations

Book-to-market, dividend yield, and expected market returns: A time-series analysis

1997 • 775 citations

Security Analysis and Trading Patterns When Some Investors Receive Information Before Others

1994 • 685 citations

Multifactor models do not explain deviations from the CAPM

1995 • 586 citations

Speculation Duopoly with Agreement to Disagree: Can Overconfidence Survive the Market Test?

1997 • 550 citations

Earnings Yields, Market Values, and Stock Returns

1989 • 494 citations

Behavioral Capital Asset Pricing Theory

1994 • 445 citations

Evidence on the Characteristics of Cross Sectional Variation in Stock Returns

1996 • 436 citations

Aggressiveness and survival of overconfident traders

1998 • 427 citations

Characteristics, Covariances, and Average Returns: 1929-1997

1998 • 422 citations

Closed-end Country Funds and U.S. Market Sentiment

1995 • 386 citations

The Cross‐Section of Realized Stock Returns: The Pre‐COMPUSTAT Evidence

1994 • 384 citations

Survival

1995 • 291 citations

On The Robustness of Size and Book‐to‐Market in Cross‐Sectional Regressions

1997 • 274 citations

Volume, Volatility, Price, and Profit When All Traders Are Above Average

1998 • 244 citations

Time-Varying Expected Small Firm Returns and Closed-End Fund Discounts

1996 • 215 citations

The information content of discounts and premiums on closed-end fund shares

1978 • 215 citations

The Role of Beta and Size in the Cross‐Section of European Stock Returns

1999 • 121 citations

Value versus Growth: The International Evidence

1999 • 109 citations

Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle

2000 • 72 citations

An Investigation of the Impact of Industry Factors in Asset-Pricing Tests

1996 • 44 citations

Do Contrarian Strategies Work Within Industries?

1997 • 28 citations

Overconfident Speculation with Imperfect Competition

1996 • 16 citations