id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajfa-4310	Alphonse, Pascal; Nguyen, Thu Hang	Momentum Effect: Evidence from the Vietnamese Stock Market	2013	20	.pdf	application/pdf	9192	420	60	The less individualistic investors who act less like the overconfident/self-attribution biased ones tend not to make investment decisions that produce momentum profits and reversals in long-term horizons. Departing from JT (1993)’s argument, on the assumption that the mean returns of individual stocks are stationary, Conral and Kaul (1998) assert that momentum profits are mainly driven by the cross-sectional variation in mean returns, that is, momentum reflects compensation for risk.	cache/ajfa-4310.pdf	txt/ajfa-4310.txt