Prop and professional traders
Studies of floor traders, prop desks, and fund managers: does skill exist, and does it persist?
| Citation | Paper | Access | Difficulty | Score |
|---|---|---|---|---|
| Coval et al. (2021) | Can Individual Investors Beat the Market? Review of Asset Pricing Studies | Free | Moderate | 0 |
| Getmansky et al. (2015) | Hedge Funds: A Dynamic Industry in Transition Annual Review of Financial Economics | Free | Moderate | 0 |
| Fama & French (2010) | Luck versus Skill in the Cross-Section of Mutual Fund Returns Journal of Finance | Paywalled | Moderate | 0 |
| Jagannathan et al. (2010) | Do Hot Hands Exist among Hedge Fund Managers? An Empirical Evaluation Journal of Finance | Paywalled | Technical | 0 |
| Coates & Herbert (2008) | Endogenous Steroids and Financial Risk Taking on a London Trading Floor Proceedings of the National Academy of Sciences | Free | Easy read | 0 |
| Fung et al. (2008) | Hedge Funds: Performance, Risk, and Capital Formation Journal of Finance | Free | Technical | 0 |
| Kosowski et al. (2006) | Can Mutual Fund 'Stars' Really Pick Stocks? New Evidence from a Bootstrap Analysis Journal of Finance | Paywalled | Technical | 0 |
| Garvey & Murphy (2005) | Entry, Exit and Trading Profits: A Look at the Trading Strategies of a Proprietary Stock Trading Team Journal of Empirical Finance | Paywalled | Moderate | 0 |
| Coval & Shumway (2005) | Do Behavioral Biases Affect Prices? Journal of Finance | Paywalled | Moderate | 0 |
| Locke & Mann (2005) | Professional Trader Discipline and Trade Disposition Journal of Financial Economics | Paywalled | Moderate | 0 |
| Berk & Green (2004) | Mutual Fund Flows and Performance in Rational Markets Journal of Political Economy | Free | Technical | 0 |
| Fenton-O'Creevy et al. (2003) | Trading on Illusions: Unrealistic Perceptions of Control and Trading Performance Journal of Occupational and Organizational Psychology | Paywalled | Easy read | 0 |
| Lo & Repin (2002) | The Psychophysiology of Real-Time Financial Risk Processing Journal of Cognitive Neuroscience | Free | Moderate | 0 |