NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Further Evidence on the Value of Professional Investment Research

Kenneth L. Stanley, Wilbur G. Lewehlen, Gary G. Schlarbau

NBER Working Paper No. 536 (Also Reprint No. r0217)
Issued in August 1980
NBER Program(s):   ME

This paper shall consider not only the potential for individual investors to exploit one of the major categories of professional investment advice to earn superior portfolio returns, but also will examine the actual return experiences of a representative sample of investors who were, in fact, observed to trade on such advice.

download in pdf format
   (627 K)

email paper

This paper is available as PDF (627 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w0536

Published: Stanley, Kenneth L.; Lewellen, Wilbur G.; and Schlarbaum, Gary G. "Further Evidence on the Value of Professional Investment Research." The Journal of Financial Research, Vol. IV, No. 1, (Spring 1981), pp. 1-9.

 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us