tag:blogger.com,1999:blog-7294165939647321702.post7044538586834751924..comments2024-03-28T13:45:43.362-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: The Winners LoseSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7294165939647321702.post-59013701254770510302012-04-16T12:57:01.388-04:002012-04-16T12:57:01.388-04:00You'll actually find the opposite effect in th...You'll actually find the opposite effect in the data if you look it past winner's over a shorter time period such as 6 months to a year. In What Works on Wall Street by James O'Shaugnessy, O'Shaugnessy shows that winners over this time period continue to go up, and loser's continue to underperform. Indeed, this effect has been found in multiple countries, not just the US stock market.MarginOfBuffettnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-11949049083432517522012-04-13T10:28:55.885-04:002012-04-13T10:28:55.885-04:00I would like to hear behavioral economists discuss...I would like to hear behavioral economists discuss how these emotional biases not only cause mispricing, but how this mispricing can actually alter the intrinsic values of the companies involved. To my knowledge, Soros is the only person to delve into this. This is a subject of great interest to me.Taylornoreply@blogger.com