What are Stock Investors' Actual Historical Returns? Evidence from Dollar-Weighted Returns
By Ilia D. Dichev. 2007
122 citations recorded by the source corpus.
Subfields: Accounting, Finance, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/22188b06deb01689241b6ed8c20c4f69fdb49057
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In Accounting
- H. Bessembinder
- Avi Wohl
- Azi Ben-Rephael
- Shmuel Kandel
- Ekkehart Boehmer
- Mark Peterson
- Gordon J. Alexander
- Terrence Hendershott
In Finance
- H. Bessembinder
- Avi Wohl
- Azi Ben-Rephael
- Shmuel Kandel
- Ekkehart Boehmer
- Terrence Hendershott
- Mark Peterson
- Gordon J. Alexander
In Strategy and Management
Citations in the corpus
- Measuring Investor Sentiment with Mutual Fund Flows (2012, background): “7 Dichev (2007) finds that the annual dollar-weighted historical returns of the stock market in many countries, including the USA, are lower than the return of the buy-and-hold strategy. interest rates) and sentiment measures.”
- Do stocks outperform Treasury bills? (2018, background): “As Dichev (2007) notes, the experience of this hypothetical investor does not reflect the experience of investors in aggregate, because equity investors collectively do not reinvest dividends but do fund new equity issuances and receive the proceeds of equity repurchases.”