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On Persistence in Mutual Fund Performance

ABSTRACT Using a sample free of survivor bias, I demonstrate that common factors in stock returns and investment expenses almost completely explain persistence in equity mutual ...

1997 The Journal of Finance 16548 citations

Self-efficacy mechanism in human agency.

This article addresses the centrality of the self-efficacy mechanism in human agency. Self-per- cepts of efficacy influence thought patterns, actions, and emotional arousal. In ...

1982 American Psychologist 14800 citations