3Hendricks,D.and Zeckhanser,R.1993,Hot hands in mutual funds:Short-run persistence of relative performanee[J].Journal of Finance,48 (1),93-130.
4Brown S J,Goetzmann W N.Performance persistence[J].Journal of Finance,1995,50:679 -698.
5Carhart,1997.,On persistence in mutual fund performance[J].Journal of Finance 52,57-82.
6Elton,Gruber,Das and Hlavka,1993,Efficiency with costly information:A re-interpretation of evidence from managed portfolios[J].Review of Financial Stud-ies 6,1 -21.
7Grinblatt,Mark and Titman,1992,The persistence of mutual fund performance[J].Journal of Finance,42,1977-1984.
