Beyond active management: behavioural insight and the case for passive index investing
Meneghini, Andrea (A.A. 2023/2024) Beyond active management: behavioural insight and the case for passive index investing. Tesi di Laurea in Behavioural economics and psychology, Luiss Guido Carli, relatore Giacomo Sillari, pp. 53. [Bachelor's Degree Thesis]
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Abstract/Index
How do markets work? Efficient market hypothesis. Behavioural finance and its critiques to EMH. The new synthesis: adaptive market hypothesis. Case study: the 2010 flash crash. Exploring behavioural biases in financial decision-making. Expected utility theory. Prospect theory and disposition effect. Overconfidence and excessive trading. Speculative bubbles and herding behaviour. Riding the waves: the power of passive index investing. Barriers to profit: the realities of arbitrage. The equity risk premium puzzle and the S&P500. Performance of professional money managers. Maximizing returns: staying invested and the costs of market timing. Building wealth: the power of compounding returns and dollar cost averaging.
References
Bibliografia: pp. 45-48.
Thesis Type: | Bachelor's Degree Thesis |
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Institution: | Luiss Guido Carli |
Degree Program: | Bachelor's Degree Programs > Bachelor's Degree Program in Politics: Philosophy and Economics (L-36) |
Chair: | Behavioural economics and psychology |
Thesis Supervisor: | Sillari, Giacomo |
Academic Year: | 2023/2024 |
Session: | Summer |
Deposited by: | Alessandro Perfetti |
Date Deposited: | 05 Nov 2024 08:25 |
Last Modified: | 05 Nov 2024 08:25 |
URI: | https://tesi.luiss.it/id/eprint/40247 |
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