Thou Shalt Buy and Hold.

Thou Shalt Buy and Hold.

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An investor holding a stock needs to decide when to sell it over a given investment horizon. It is tempting to think that she should sell at the maximum price over the entire horizon, which is however impossible to achieve. A close yet realistic goal is to sell the stock at a time when the expected...

Полное описание

Библиографические подробности
Главные авторы:	Shiryaev, A, Xu, Z, Zhou, X
Формат:	Journal article
Опубликовано:	2008

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