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Why does junior put all his eggs in one basket? A potential rational explanation for holding concentrated portfolios
16 references·3 citing·41 second hop
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this work references cited by second hop

References

  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1972Capital Market Equilibrium with Restricted Borrowing3,097 cited
  • 2011Supermodularity and Complementarity2,138 cited
  • 1992Global Portfolio Optimization1,846 cited
  • 2009Who Gambles in the Stock Market?1,808 cited
  • 1989Optimal consumption and portfolio policies when asset prices follow a diffusion process1,613 cited
  • 2008Equity Portfolio Diversification1,221 cited
  • 1987Optimal Portfolio and Consumption Decisions for a “Small Investor” on a Finite Horizon1,106 cited
  • 2007Down or Out: Assessing the Welfare Costs of Household Investment Mistakes992 cited
  • 1991Martingale and Duality Methods for Utility Maximization in an Incomplete Market797 cited
  • 2007Equilibrium Underdiversification and the Preference for Skewness784 cited
  • 2001Optimal Portfolio Choice for Long‐Horizon Investors with Nontradable Labor Income755 cited
  • 2009Information Acquisition and Under-Diversification663 cited
  • 1992Convex Duality in Constrained Portfolio Optimization628 cited
  • 2005The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems578 cited

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  • 2002Stocks are special too: an analysis of the equity lending market546 cited
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    • 2013Determinants of Households’ Savings in Central, Eastern and Southeastern Europe33 cited
    • 2016Use of Financial Planners and Portfolio Performance16 cited
    • 2019Are type B investors efficacious? Exploring role of personality in ambidextrous investment decision-making0 cited