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Fine, forget the babies, she'd keep the hot hands.
His eyes got wide at her hot hands.
The Neptunes' hot hands have cooled slightly but noticeably.
So it appears that some advisers indeed have hot hands.
But can investment advisers really have hot hands?
"The Fourth of July brings a hot kitchen and hot hands," Mr. McGee said.
Similar(9)
Essentially, he found that in real games, players developed anti-hot hands.
The hot-hands strategy has higher risk, the authors noted, and may not be suitable for all investors.
The third was a hot-hands strategy, in which they put the $600 into the best-performing category, along with the entire amount already invested; the portfolio was updated quarterly.
"Fund managers, like basketball players, are victims of the hot-hands fallacy," says Shefrin. "If a basketball player seems to go into a streak where he can't miss, people say they have a 'hot' period.
These results provide further support to some past analyses [10, 19], while contrasting with others [12, 25], showing no evidence for the popular notion of 'hot hands,' in which scoring once increases the chance of scoring again soon.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com