From Market Anomalies to Behavioural Finance
From Market Anomalies to Behavioural Finance
From Market Anomalies to Behavioural Finance
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<strong>Market</strong> commenta<strong>to</strong>rs’ advice <strong>to</strong><br />
inves<strong>to</strong>rs<br />
• Inves<strong>to</strong>rs phone in for commenta<strong>to</strong>rs’ advice on<br />
s<strong>to</strong>ck investments<br />
• In advising whether an inves<strong>to</strong>r should dispose of<br />
a particular s<strong>to</strong>ck, they usually asked, ‘at what<br />
price did you acquire the s<strong>to</strong>ck’
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