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The paper by Assistant Professor Juha Joenväärä & al. has been cited in Amy Whyte’s article “Good Writers Make Better Hedge Fund Managers” published in :

“How well hedge fund managers describe their strategies in writing may say a lot about their performance, according to a new paper from four academic researchers. A well-rounded vocabulary — defined in the paper as “lexical diversity” — could be an indication of better cognitive ability and trustworthiness, leading to higher returns, “superior” Sharpe ratios, lower volatility, and fewer regulatory and legal problems, according ���ʵ��� University’s Juha Joenväärä, University of Oulu’s Jari Karppinen, Singapore Management University’s Melvyn Teo, and University at Buffalo’s Cristian Tiu.”

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Department of Finance