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Using GPT-4 for Financial Advice
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Using GPT-4 for Financial Advice (2023)Using GPT-4 for Financial AdviceRisk Preference Elicitation and Financial Advice Taking (2021)Risk Preference Elicitation a…Financial education and digital asset management: What's in the black box? (2020)Financial education and digit…A Classification of Decision Automation and Delegation in Digital Investment Management Systems (2019)A Classification of Decision …Robo-Advisory (2018)Robo-AdvisoryRisk preference shares the psychometric structure of major psychological traits (2017)Risk preference shares the ps…Robust performance hypothesis testing with the Sharpe ratio (2008)Robust performance hypothesis…Down or Out: Assessing the Welfare Costs of Household Investment Mistakes (2007)Down or Out: Assessing the We…Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts (2007)Do local analysts know more? …Down or Out: Assessing the Welfare Costs of Household Investment Mistakes (2006)Down or Out: Assessing the We…Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Lifetime Portfolio Selection …SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION* (1965)SECURITY PRICES, RISK, AND MA…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Aspects of the Theory of Risk-Bearing. (1966)Optimum consumption and portfolio rules in a continuous-time model (1971)An Intertemporal Capital Asset Pricing Model (1973)LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)Risk Aversion in the Small and in the Large (1976)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? 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(2011)… and the Cross-Section of Expected Returns (2015)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)
this work references cited by second hop

References

  • 1969Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case5,199 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1965SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION*2,451 cited
  • 2007Down or Out: Assessing the Welfare Costs of Household Investment Mistakes992 cited
  • 2008Robust performance hypothesis testing with the Sharpe ratio946 cited
  • 2007Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts600 cited
  • 2017Risk preference shares the psychometric structure of major psychological traits526 cited
  • 2006Down or Out: Assessing the Welfare Costs of Household Investment Mistakes355 cited
  • 2018Robo-Advisory256 cited
  • 2020Financial education and digital asset management: What's in the black box?86 cited
  • 2019A Classification of Decision Automation and Delegation in Digital Investment Management Systems25 cited
  • 2021Risk Preference Elicitation and Financial Advice Taking16 cited

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