In this study, the amount of skills, behavior and commitment of managers are investigated. For this study, which is descriptive in nature, the specialization model of Sorice, Ok Oh and Ditton. The statistical sample includes 420 staffs chosen from the four areas of education is the city of...

We propose a new definition of skill as a general cognitive ability to either pick stocks or time the market at different times. We find evidence for stock picking in booms and for market timing in recessions. Moreover, the same fund managers that pick stocks well in expansions also time the...

Mutual fund managers can outperform the market by picking stocks or timing the market successfully. Previous work has estimated picking and timing skill, assuming that each manager is endowed with a fixed amount of each and found some evidence of picking skills and little evidence of timing...