We continue to see a steady stream of papers that increase our understanding of how behavioural traits impact on markets. The first of the papers below provides us with some insights into Warren Buffett’s success while the other two relate to the markets’ response to earnings information.

Buffett’s Alpha: Further Explanations from Behavioral Value Investing Perspective

- Eben Otuteye and Mohammad Siddiquee | SSRN | October 2017

Frazzini, Kabiller and Pedersen (2013) examined the stock performance of Berkshire Hathaway from 1976 to 2011 in an effort to...