Preferred Risk Habitat of Individual Investors

132 citations recorded by the source corpus.

Citations in the corpus

Culture and R 2 (2014, unknown): “Several studies suggest that the correlated trading of investors in certain categories of stocks may cause stocks to co-move more in these categories (e.g., Barberis et al., 2005; Kumar and Lee, 2006; Green and Hwang, 2009; Kumar et al., 2009; Dorn and Huberman, 2010).”
Financial Overconfidence Over Time - Foresight, Hindsight, and Insight of Investors (2017, unknown): “Dorn and Huberman (2010) argue that portfolio based measures are hard to evaluate for investors, as they orient themselves at individual securities and disregard correlations between securities; they instead propose a value-weighted average of the return volatilities of portfolio components.”
Value versus growth investing: Why do different investors have different styles? (2015, unknown): “Several authors have suggested that investors could prefer stocks with speculative characteristics such as high volatility (e.g., Shefrin and Statman, 2000; Barberis and Huang, 2008, Kumar, 2009b; Dorn and Huberman, 2010).”