Do Investors Trade Too Much?

Prospect Theory: An Analysis of Decision under Risk

1979 • 41,742 citations

Prospect theory: An analysis of decision under risk

1988 • 34,484 citations

Common risk factors in the returns on stocks and bonds

1993 • 26,177 citations

On Persistence in Mutual Fund Performance

1997 • 16,085 citations

Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency

1993 • 10,751 citations

Investor Psychology and Security Market Under‐ and Overreactions

1998 • 5,459 citations

THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945-1964

1968 • 4,463 citations

The Long‐Run Performance of initial Public Offerings

1991 • 3,447 citations

The New Issues Puzzle

1995 • 3,411 citations

Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors

2000 • 3,389 citations

The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence

1985 • 3,099 citations

Self-serving biases in the attribution of causality: Fact or fiction?

1975 • 2,467 citations

Myopic Loss Aversion and the Equity Premium Puzzle

1995 • 2,350 citations

Simple Technical Trading Rules and the Stochastic Properties of Stock Returns

1992 • 2,176 citations

Improved Methods for Tests of Long‐Run Abnormal Stock Returns

1999 • 1,913 citations

The American Economic Review

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The weighing of evidence and the determinants of confidence

1992 • 1,844 citations

Calibration of probabilities: The state of the art to 1980

1982 • 1,842 citations

Market underreaction to open market share repurchases

1995 • 1,824 citations

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

1998 • 1,807 citations

The Performance of Mutual Funds in the Period 1945-1964

1968 • 1,763 citations

Herding and Feedback Trading by Institutional and Individual Investors

1999 • 1,596 citations

Returns from Investing in Equity Mutual Funds 1971 to 1991

1995 • 1,493 citations

What Makes Investors Trade?

2001 • 1,237 citations

Heads I win, tails it's chance: The illusion of control as a function of the sequence of outcomes in a purely chance task.

1975 • 761 citations

Online Investors: Do the Slow Die First?

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Returns from Investing in Equity Mutual Funds 1971 to 1991

1995 • 698 citations

Radio Spectrum Allocation: Role of the Market

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The Survival of Noise Traders in Financial Markets

1991 • 574 citations

Psychological Factors and Stock Option Exercise

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

1997 • 550 citations

The Structure and Performance of the Money Management Industry

1992 • 535 citations

Aggressiveness and survival of overconfident traders

1998 • 427 citations

Volume for Winners and Losers: Taxation and Other Motives for Stock Trading

1986 • 309 citations

Firm Size, Book‐to‐Market Ratio, and Security Returns: A Holdout Sample of Financial Firms

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Noise Trading, Delegated Portfolio Management, and Economic Welfare

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Realized Returns on Common Stock Investments: The Experience of Individual Investors

1978 • 183 citations

Some Psychological Determinants of the Level of Aspiration

1935 • 140 citations

Learning To Be Overconfident

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Are rich people smarter?

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Evidence on Tax‐Motivated Securities Trading Behavior

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Do Behavioral Biases Adversely Affect the Macro-economy?

2010 • 64 citations

Holding Size While Improving Power in Tests of Long-Run Abnormal Stock Returns

1996 • 21 citations