Can Mutual Fund “Stars” Really Pick Stocks? New Evidence from a Bootstrap Analysis

Author:

KOSOWSKI ROBERT,TIMMERMANN ALLAN,WERMERS RUSS,WHITE HAL

Publisher

Wiley

Subject

Economics and Econometrics,Finance,Accounting

Reference34 articles.

1. Should investors avoid all actively managed mutual funds? A study in Bayesian performance evaluation;Baks;Journal of Finance,2001

2. Mutual fund flows and performance in rational markets;Berk;Journal of Political Economy,2004

3. Some asymptotics on the bootstrap;Bickel;Annals of Statistics,1984

4. Short-term persistence in mutual fund performance;Bollen;Review of Financial Studies,2005

5. Survivorship bias in performance studies;Brown;Review of Financial Studies,1992

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