Thursday, July 9, 2009

 

Investor Irrationality and Closed-End Hedge Funds

By Oliver Dietiker, University of Basel

In his paper, he finds that while investors act rationally most of the time, many acted irrationally when faced with the worsening economic conditions in the second half of 2008.

Download the full article here.

From the July 2009 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

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