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Can you profit from the sin stock anomaly?

Published on Stockopedia

A study published within the 2009 Journal of Financial Economics, written by H. Hong and M. Kacperczyk and entitled, The price of sin: The effects of social norms on markets, provides evidence that the stocks of publicly traded companies involved in producing alcohol, tobacco, and gaming have long acted differently to the rest of the market.

See more at: http://www.stockopedia.com/content/can-you-profit-from-the-sin-stock-anomaly-87352/#sthash.W9bnAabT.dpuf

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