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Trading Is Hazardous to Your Wealth: The Common Stock ...
faculty.haas.berkeley.eduinvestment style and from time-series regressions that employ either the ... customers at other discount brokerages, we suspect that the trading practices of retail custom- ... stocks purchased before 1964 and sold after 1970 may not appear in their study. Third, although Schlarbaum et al. ~1978a, 1978b! evaluate performance ...