This book concentrates on the question whether the stock market is efficient or leaves room for exploitable investment strategies. We analyze five possible anomalies in discussing the seasonal ‘Sell-in-May’ effect on the stock market and four cross-sectional patterns which involve IPOs, mergers and acquisitions, insider trading and index revisions. Our results suggest that the stock market is not fully efficient.

Verbeek, Prof. Dr. M.J.C.M. (promotor)
M.J.C.M. Verbeek (Marno)
Erasmus University Rotterdam
Dissertations (UL)
RePub (University Library)

Doeswijk, R. (2007, May 31). Ape or Art: investment strategies. Dissertations (UL). Retrieved from