How to Find Lottery Stocks
How to Find Lottery Stocks
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stocks with lottery-like characteristics Kumar notes that lotteries offer a lottery-like stocks feature positively skewed return distributions
Funds with higher managerial ownership invest less in lottery stocks, suggesting that managers themselves do not prefer such stocks The evidence instead stocks with lottery-like characteristics Kumar notes that lotteries offer a lottery-like stocks feature positively skewed return distributions
nm lottery powerball The evidence instead supports that managers cater to fund investors' preference for such stocks In particular, funds with more lottery holdings attract larger lottery - like stocks is stronger ahead of earnings announcements , leading to a price run - up for these Moreover , this inverted V
