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Elaborate on performance of individual investors behavior in financial markets.Demonstrate your ingenuity and creativity to up produce the best possible analysis of individual investors, their

Elaborate on performance of individual investors behavior in financial markets.Demonstrate your ingenuity and creativity to up produce the best possible analysis of individual investors, their portfolio choice, performance, trading patterns, the effect that they have on financial markets etc. Please cover all following points:

- Do individual investors possess skills / have information? Do they generate alpha? Sharpe ratio.

- Does the performance of individual investors have economically (dollar) implications on their wealth?

- Do individual investors outperform when we account for the impact of their trades?

- Does the composition of their portfolio affect performance of individual investors?

- Persistence in individual investors performance

- Disposition effect

Suggested sources:

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2.Barber and Odean, 2001, Trading is Hazardous to your Wealth: the common stock investment performance of individual investors, Journal of Finance 55, 773-806.

3.Bodnaruk, 2009, Proximity Always Matters: Local Bias When the Set of Local Companies Changes, Review of Finance

4.Bodnaruk and Simonov, 2015, Do Financial Experts Make Better Investment Decisions, Journal of Financial Intermediation

5.Campbell, 2006, Household Finance

6.Coval, Hirshleifer,and Shumway, Can Individual Investors Beat the Market?

7.Dorn and Huberman, 2005, Talk and Action: What individual investors say and what they do, Review of Finance

8.Dorn and Huberman, 2010, Preferred risk habitat of individual investors, Journal of Financial Economics

9.Huberman, 2001, Familiarity Breeds Investment, Review of Financial Studies 14(3), 659-680.

10.Ivkovich and Weisbenner, 2005, Local Does as Local is: Information content of the geography of individual investors' common stock investments, Journal of Finance

11.Odean, 1998, Are investors reluctant to realize their losses? Journal of Finance 53, 1775-1798.

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15.Barber and Odean, 2008, All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutions Investors, Review of Financial Studies, 785-818

16.Barber and Odean, 2000, Trading is Hazardous to your Wealth: the common stock investment performance of individual investors, Journal of Finance.

17.Barber and Odean, 2002,Online Investors: Do the Slow Die First?Review of Financial Studies, 455-487

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27.Bailey, Kumar, and Ng, 2011, Behavioral Biases of Mutual Fund Investors, Journal of Financial Economics

28.Cronqvist and Siegel, 2013, The genetics of investment biases, Journal of Financial Economics

29.Calvet, Campbell, and Sodini, 2007, Down our Out: Assessing the welfare costs of household investment mistakes, Journal of Political Economy

30.Calvet, Campbell, and Sodini, 2009, Fight or flight? Portfolio rebalancing of individual investors, Quarterly Journal of Economics

31.Calvet, Campbell, and Sodini, 2009, Measuring the financial sophistication of households, American Economic Review Papers and Proceedings

32.Betermier, Calvet, and Sodini, 2017, Who are the value and growth investors, Journal of Finance

33.Hvide, and Ostberg, 2015, Social interaction at work, Journal of Financial Economics

34.Kaustia, and Knupfer, 2012, Peer performance and stock market entry, Journal of Financial Economics

35.Conrad, Kapadia, and Xing, 2014, Death and jackpot, Why do individual investors hold overpriced stocks? Journal of Financial Economics

36.Kandel, Massam and Simonov, 2011, Do small shareholders count, Journal of Financial Economics

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38. Hoffman and Shefrin, 2014, Technical Analysis and Individual Investors, Journal of Economic Behavior and Organization

39.Doskeland and Hvide, 2011, Do individual investors have asymmetric information based on work experience? Journal of Finance

40. Cronqvist, Previtero, , Siegel, and White, 2017, The Fetal Origins Hypothesis in Finance: Prenatal Environment, the Gender Gap and Investor Behavior, Review of Financial Studies

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