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Why do mutual funds hold lottery stocks?

Why do mutual funds hold lottery stocks?

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It is well-established that “lottery” stocks – those offering the potential for outsized returns, like penny and growth stocks

They refer to this sacrifice in average return the “lottery premium ” Their analysis shows that the lottery premium is higher on $1 stocks than on $7 stocks; Stock Up, Stock Down for NHL Lottery Teams After Draft Order Is Set · Stock Up, Stock Down for NHL Lottery Teams After Draft Order Is Set · San

borgata poker pa app The overall market has done well over the long run, but individual stocks have behaved like lottery numbers: Most go nowhere, I decided to bet on the stock market falling as a last lottery ticket to recover my losses, Mehta recollects “I bought put options expecting

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