How Does Investor Short-termism Affect Mutual Fund Manager Short-termism by Li Jin

SSRN-How Does Investor Short-termism Affect Mutual Fund Manager Short-termism by Li Jin: "How Does Investor Short-termism Affect Mutual Fund Manager Short-termism"Do stock prices reflect all future cash flows or is the market myopic and looks too much at recent performance and near term cash flows? This is an enormously important question. Jin tries to answer it in the context of mutual fund