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.

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M.J.C.M. Verbeek (Marno)
Erasmus University Rotterdam
Verbeek, Prof. Dr. M.J.C.M. (promotor)
hdl.handle.net/1765/10154
Dissertations (UL)
RePub (University Library)

Doeswijk, R.Q. (2007, May 31). Ape or Art: investment strategies. Dissertations (UL). Erasmus University Rotterdam. Retrieved from http://hdl.handle.net/1765/10154