Keswani, Aneel; Stolin, David - In: Finance Research Letters 5 (2008) 4, pp. 228-235
Dichev [2007. American Economic Review 97, 386-401], in an influential paper, examines the gap between the performance of major stock markets and the dollar-weighted performance of investors in these markets. He finds a significant gap of 1.3 percent per year for NYSE/AMEX and 1.5 percent...
