“Stars” Really Pick Stocks? New Evidence from a Boot- strap Analysis”, Journal of Finance, 61(6): 2551-2596. Lonkani, R., Satjawathee, T. and Jegasothy, K. (2013) “Selectivity and Market Timing Performance

training and be registered with the SEC and the remodeling of the role of the Shareholders Association. In this year, the SEC has also sought to enforce all its rules and regulations with vigor and fairness