Industry familiarity and trading: Evidence from the personal portfolios of industry insiders

We study whether industry familiarity is an advantage in stock trading by exploring the trading patterns of industry insiders in their own personal portfolios. To do so, we identify accounts of industry insiders in a large data set provided by a retail discount broker. We find that insiders trade fi...

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Bibliographic Details
Main Authors: Ben-David, I. (Author), Birru, J. (Author), Rossi, A. (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2019
Subjects:
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