Essec\Faculty\Model\Contribution {#2233 ▼
#_index: "academ_contributions"
#_id: "13050"
#_source: array:26 [
"id" => "13050"
"slug" => "13050-speed-and-expertise-in-stock-picking-older-slower-and-wiser"
"yearMonth" => "2023-06"
"year" => "2023"
"title" => "Speed and Expertise in Stock Picking: Older, Slower, and Wiser?"
"description" => "BOULLAND, R., ORNTHANALAI, C. et WOMACK, K.L. (2023). Speed and Expertise in Stock Picking: Older, Slower, and Wiser? <i>Journal of Financial and Quantitative Analysis</i>, 58(4), pp. 1612-1644. 
BOULLAND, R., ORNTHANALAI, C. et WOMACK, K.L. (2023). Speed and Expertise in Stock Picking: Older, S "
"authors" => array:3 [
0 => array:3 [
"name" => "BOULLAND Romain"
"bid" => "B00290634"
"slug" => "boulland-romain"
]
1 => array:1 [
"name" => "ORNTHANALAI Chayawat"
]
2 => array:1 [
"name" => "WOMACK Kent L."
]
]
"ouvrage" => ""
"keywords" => []
"updatedAt" => "2024-10-31 13:51:19"
"publicationUrl" => "https://doi.org/10.1017/S0022109022000199"
"publicationInfo" => array:3 [
"pages" => "1612-1644"
"volume" => "58"
"number" => "4"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "There are significant differences among sell-side analysts in how frequently they revise recommendations. We show that much of this variation is an analyst-individual trait. Analysts who change recommendations more slowly make recommendations that are more influential and generate better portfolio returns. Slower-revising analysts tend to change recommendations following corporate news that are harder to interpret by non-stock experts, and our evidence suggests that their investment value derives from their ability to better interpret hard-to-assess information. On average, analysts change recommendations less frequently as their career progresses; however, recommendation speed-style is the dominant predictor of their recommendation value. There are significant differences among sell-side analysts in how frequently they revise recommendat "
"en" => "There are significant differences among sell-side analysts in how frequently they revise recommendations. We show that much of this variation is an analyst-individual trait. Analysts who change recommendations more slowly make recommendations that are more influential and generate better portfolio returns. Slower-revising analysts tend to change recommendations following corporate news that are harder to interpret by non-stock experts, and our evidence suggests that their investment value derives from their ability to better interpret hard-to-assess information. On average, analysts change recommendations less frequently as their career progresses; however, recommendation speed-style is the dominant predictor of their recommendation value. There are significant differences among sell-side analysts in how frequently they revise recommendat "
]
"authors_fields" => array:2 [
"fr" => "Finance"
"en" => "Finance"
]
"indexedAt" => "2025-03-30T23:21:46.000Z"
"docTitle" => "Speed and Expertise in Stock Picking: Older, Slower, and Wiser?"
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/boulland-romain">BOULLAND Romain</a>, ORNTHANALAI Chayawat, WOMACK Kent L."
"docDescription" => "<span class="document-property-authors">BOULLAND Romain, ORNTHANALAI Chayawat, WOMACK Kent L.</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2023</span> <span class="document-property-authors">BOULLAND Romain, ORNTHANALAI Chayawat, WOMACK Kent L.</span> "
"keywordList" => ""
"docPreview" => "<b>Speed and Expertise in Stock Picking: Older, Slower, and Wiser?</b><br><span>2023-06 | Articles </span> <b>Speed and Expertise in Stock Picking: Older, Slower, and Wiser?</b><br><span>2023-06 | Articles < "
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1017/S0022109022000199" target="_blank">Speed and Expertise in Stock Picking: Older, Slower, and Wiser?</a> <a href="https://doi.org/10.1017/S0022109022000199" target="_blank">Speed and Expertise in Stock Pic "
]
+lang: "fr"
+"_type": "_doc"
+"_score": 8.966824
+"parent": null
}
