The Price of Conviction
The study shows that high-conviction beliefs exert outsized influence on prices, with a long-short portfolio exploiting conviction-weighted disagreement earning 13.2 percent annualized six-factor alpha.
Featured in No. 134 on 9 Oct 2026 · 2 days after release
- Released
- 7 Oct 2026
- First featured
- No. 134 · 9 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- SSRN 7571098
- Authors
- Christian Goulding et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).