stocks as lotteries: the implications of probability

Aggressive investors take note: these seven high-risk high-reward stocks have the potential to rise in value by as much as 1000%

Lin and Liu in their research: Skewness, Lottery-Like Features, and the Cross-Section of Stock Returns linked skewness and lottery- like stocks Their study

lottery sambad kal ke night While there is a strong preference for lottery-like stocks in other markets, investors in India do not end up overpaying for such stocks in the market This

lottery lottery result We find that among stocks dominated by retail investors, the lottery anomaly is amplified by high investor attention (proxied by high analyst coverage, salient