Learning By Trading

By Amit Seru, Tyler Shumway, Noah Stoffman. 2010

481 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/528ccdb63d995a633557af9bec5f7cce18fe88fd

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In Accounting

1. Oscar Stolper
2. Yu Yuan
3. A. Walter

In Economics and Econometrics

1. Oscar Stolper
2. Yu Yuan
3. A. Walter
4. George Serafeim

In Finance

1. Oscar Stolper
2. Yu Yuan
3. A. Walter
4. George Serafeim

Citations in the corpus

• Are Retail Traders Compensated for Providing Liquidity (2016, unknown): “…Agarwal, Driscoll, Gabaix, and Laibson (2008), Choi, Laibson, Madrian, and Metrick (2009), Kaustia, Alho, and Puttonen (2008), Greenwood and Nagel (2009), Nicolosi, Peng, and Zhu (2009), Seru, Shumway, and Stoffman (2009), Chiang, Hirshleifer, Qian, and Sherman (2011), and Linnainmaa (2011).”
• Financial literacy, financial advice, and financial behavior (2017, background): “…in equity portfolios (Goetzmann and Kumar 2008; Grinblatt and Keloharju 2001), prior investment experience (Goetzmann and Kumar 2008; Nicolosi et al. 2009; Seru et al. 2010), and the propensity to invest in complex financial instruments (Genesove and Mayer 2001; Goetzmann and Kumar 2008).”
• Are Investors Really Reluctant to Realize their Losses? Trading Responses to Past Returns and the Disposition Effect (2012, unknown): “Shefrin and Statman (1985) describe realization preference in emotion-laden terms (pride in realizing gains, and regret in realizing losses).”
• IQ, Trading Behavior, and Performance (2012, unknown): “We acknowledge financial support from stments, INQUIRE Europe, the OP-Pohjola Research Foundation, and the es ‘‘Do Smart Investors Outperform Dumb Investors?’’ and ‘‘IQ and Stock 1 See, for example, Coval, Hirshleifer, and Shumway (2003), Ivković and Weisbenner (2005), Ivković, Sialm, and Weisbenn”
• Looking for Someone to Blame: Delegation, Cognitive Dissonance, and the Disposition Effect (2014, unknown): “…if I believe that I am a skilled investor and receive information that my portfolio has declined in value, I can reduce the dissonance between these two contradictory cognitions by updating my belief about my skill level and reducing my estimate of my ability, such as in Seru et al. (2009).”
• Individual Investor Perceptions and Behavior During the Financial Crisis (2013, unknown): “Investors who are more experienced (longer account tenure) and sophisticated (i.e., trade derivatives) take more risk, while investors with larger portfolios take less risk (cf. Barber and Odean, 2001; Bailey et al., 2008; Grinblatt and Keloharju, 2009; Seru et al., 2010).”
• Market-Wide Attention, Trading, and Stock Returns (2015, background): “See, for example, Odean (1998), Grinblatt and Keloharju (2001), and Seru, Shumway, and Stoffman (2010).”
• Option trading and individual investor performance (2009, unknown): “Seru et al. (2008) provide support for this hypothesis by showing that inexperienced investors learn slowly.”