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
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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