芝加哥大学的最新研究成果显示Hedge Fund和Small Advisor对股市影响最大. Small Advisor里其实不少是牛散和掌管不到小资金(不到一个亿)的操盘手. Pension和Asset Management虽然管的钱多,但除了一些Special Days,对市场影响并没有那么大. #stocktalk
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3378340
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3378340