AUSTIN, Texas — Wishful bettors, those who make overly optimistic investments, will ultimately harm themselves financially, but they can harm entire markets as well, new research shows.
In the paper, “Contagion of Wishful Thinking in Markets,” researchers from The University of Texas at Austin and Cornell University demonstrate how wishful betting can contaminate beliefs throughout markets, [...]
Seybert Research: Wishful Betting Can Contaminate Financial Markets
March 12th, 2009 · Filed under: Faculty News · Research
Posted by Rob Meyer
Tags: · Accounting research, behavioral finance, investing, Nicholas Seybert, stock market, wishful betting, wishful thinking
Anatomy of an Investor: Personality, Age Influence Stock Choices More than You Might Think
January 29th, 2009 · Filed under: Faculty News · Research · Top Stories
Posted by Tracy Mueller
Theories on how to play the stock market abound. Buy low, buy companies whose leadership you admire, invest in organizations that reflect your personal values. And don’t count out the ever-popular strategy of throwing darts at the newspaper’s financial pages.
Every investor hopes he or she has figured out how to beat the system and turn [...]
Tags: · Alok Kumar, behavioral finance, finance, finance research, investment strategy, stock buying, stock market
