{"id":"https://openalex.org/W4394697287","doi":"https://doi.org/10.2139/ssrn.4767844","title":"A Tale of Bad Days: Investor Preferences and Fund Manager Skill","display_name":"A Tale of Bad Days: Investor Preferences and Fund Manager Skill","publication_year":2024,"publication_date":"2024-01-01","ids":{"openalex":"https://openalex.org/W4394697287","doi":"https://doi.org/10.2139/ssrn.4767844"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.4767844","doi":"https://doi.org/10.2139/ssrn.4767844","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4767844","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.4767844","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5080547910","display_name":"Samia Badidi","orcid":"https://orcid.org/0000-0001-8204-7088","observed_orcids":["https://orcid.org/0000-0001-8204-7088"]},"institutions":[{"id":"https://openalex.org/I193700539","display_name":"Tilburg University","ror":"https://ror.org/04b8v1s79","country_code":"NL","type":"education","lineage":["https://openalex.org/I193700539"]}],"countries":["NL"],"is_corresponding":false,"raw_author_name":"Samia Badidi","raw_affiliation_strings":["Tilburg University - Department of Finance","Tilburg University - Department of Finance, P.O. Box 90153, Tilburg, 5000 LE, Netherlands"],"raw_orcid":"https://orcid.org/0000-0001-8204-7088","affiliations":[{"raw_affiliation_string":"Tilburg University - Department of Finance","institution_ids":["https://openalex.org/I193700539"]},{"raw_affiliation_string":"Tilburg University - Department of Finance, P.O. Box 90153, Tilburg, 5000 LE, Netherlands","institution_ids":["https://openalex.org/I193700539"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5039120096","display_name":"Martijn Boons","orcid":"https://orcid.org/0000-0001-5210-992X","observed_orcids":["https://orcid.org/0000-0001-5210-992X"]},"institutions":[{"id":"https://openalex.org/I4405256010","display_name":"NOVA School of Business and Economics","ror":"https://ror.org/03nr2fs68","country_code":"PT","type":"education","lineage":["https://openalex.org/I4405256010","https://openalex.org/I83558840"]}],"countries":["PT"],"is_corresponding":false,"raw_author_name":"Martijn Boons","raw_affiliation_strings":["Nova School of Business and Economics","Nova School of Business and Economics, Campus de Carcavelos, Rua da Holanda, 1, Carcavelos, 2775-405, Portugal"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Nova School of Business and Economics","institution_ids":["https://openalex.org/I4405256010"]},{"raw_affiliation_string":"Nova School of Business and Economics, Campus de Carcavelos, Rua da Holanda, 1, Carcavelos, 2775-405, Portugal","institution_ids":["https://openalex.org/I4405256010"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5011750169","display_name":"Rafael Zambrana","orcid":"https://orcid.org/0000-0002-1394-5375","observed_orcids":["https://orcid.org/0000-0002-1394-5375"]},"institutions":[{"id":"https://openalex.org/I107639228","display_name":"University of Notre Dame","ror":"https://ror.org/00mkhxb43","country_code":"US","type":"education","lineage":["https://openalex.org/I107639228"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Rafael Zambrana","raw_affiliation_strings":["University of Notre Dame - Mendoza College of Business","University of Notre Dame - Mendoza College of Business, Notre Dame, IN 46556-5646, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Notre Dame - Mendoza College of Business","institution_ids":["https://openalex.org/I107639228"]},{"raw_affiliation_string":"University of Notre Dame - Mendoza College of Business, Notre Dame, IN 46556-5646, United States","institution_ids":["https://openalex.org/I107639228"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5011750169"],"corresponding_institution_ids":["https://openalex.org/I107639228"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fund-flows","display_name":"fund flows","score":0.6290000081062317},{"id":"https://openalex.org/keywords/investor-preferences","display_name":"investor preferences","score":0.8159999847412109},{"id":"https://openalex.org/keywords/fund-manager-skill","display_name":"fund manager skill","score":0.9269999861717224},{"id":"https://openalex.org/keywords/market-timing","display_name":"market timing","score":0.3790000081062317},{"id":"https://openalex.org/keywords/fund-performance-persistence","display_name":"fund performance persistence","score":0.4749999940395355}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5997914671897888},{"id":"https://openalex.org/C124932975","wikidata":"https://www.wikidata.org/wiki/Q1061648","display_name":"Sovereign wealth fund","level":3,"score":0.4236515164375305},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.344706654548645},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.32782864570617676},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.24216538667678833},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.4767844","doi":"https://doi.org/10.2139/ssrn.4767844","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4767844","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.4767844","doi":"https://doi.org/10.2139/ssrn.4767844","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4767844","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":72,"referenced_works":["https://openalex.org/W1538816180","https://openalex.org/W1757321038","https://openalex.org/W1963593775","https://openalex.org/W1970913835","https://openalex.org/W1981282589","https://openalex.org/W1985620197","https://openalex.org/W1999721170","https://openalex.org/W2030637342","https://openalex.org/W2033772453","https://openalex.org/W2034240428","https://openalex.org/W2037745646","https://openalex.org/W2040705100","https://openalex.org/W2042651651","https://openalex.org/W2045330327","https://openalex.org/W2055337889","https://openalex.org/W2061978002","https://openalex.org/W2066356210","https://openalex.org/W2076237435","https://openalex.org/W2087194317","https://openalex.org/W2093380315","https://openalex.org/W2096452841","https://openalex.org/W2096720942","https://openalex.org/W2104126736","https://openalex.org/W2106154424","https://openalex.org/W2115708865","https://openalex.org/W2136120210","https://openalex.org/W2140619986","https://openalex.org/W2148399423","https://openalex.org/W2151581476","https://openalex.org/W2165723500","https://openalex.org/W2235026379","https://openalex.org/W2594156077","https://openalex.org/W2738776643","https://openalex.org/W2748891292","https://openalex.org/W2755942233","https://openalex.org/W2885527782","https://openalex.org/W2890020870","https://openalex.org/W2890453835","https://openalex.org/W2931476879","https://openalex.org/W3011865677","https://openalex.org/W3022326679","https://openalex.org/W3022492005","https://openalex.org/W3023279333","https://openalex.org/W3121211933","https://openalex.org/W3121333276","https://openalex.org/W3121630047","https://openalex.org/W3121937099","https://openalex.org/W3122441120","https://openalex.org/W3122467650","https://openalex.org/W3122757052","https://openalex.org/W3122942895","https://openalex.org/W3123539557","https://openalex.org/W3123639445","https://openalex.org/W3123844368","https://openalex.org/W3123885527","https://openalex.org/W3124422205","https://openalex.org/W3124777141","https://openalex.org/W3124899463","https://openalex.org/W3125110156","https://openalex.org/W3125551775","https://openalex.org/W3125681532","https://openalex.org/W3125827601","https://openalex.org/W3158674304","https://openalex.org/W3194621052","https://openalex.org/W4211176770","https://openalex.org/W4238154248","https://openalex.org/W4244549864","https://openalex.org/W4254389086","https://openalex.org/W4280645001","https://openalex.org/W4385753172","https://openalex.org/W4399880461","https://openalex.org/W4406213183"],"related_works":["https://openalex.org/W4405078697","https://openalex.org/W2591340038","https://openalex.org/W2510470629","https://openalex.org/W3121561716","https://openalex.org/W6996896040","https://openalex.org/W2047082518","https://openalex.org/W1721865084","https://openalex.org/W4388200545","https://openalex.org/W2534886427","https://openalex.org/W2991263642"],"abstract_inverted_index":null,"counts_by_year":[],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2024-04-11T00:00:00"}
