WebThe survey elicits beliefs that are crucial for macroe-conomics and finance, and matches respondents with administrative data on their portfolio composition and their trading activity. We establish five facts in this data: (1) Beliefs are re-flected in portfolio allocations. The sensitivity of portfolios to beliefs is small on average, but Webbeliefs that are important for macroeconomics and finance, and matches respondents with administrative data on their portfolio composition, their log-in behavior, and their trading activity. We establish five facts in this data: (1) Beliefs are reflected in portfolio allocations. The sensitivity of portfolios to beliefs
Five Facts About Beliefs and Portfolios - AQR Capital
WebApr 10, 2024 · We document four facts. First, investors generally expected ESG investments to underperform the market. Between mid-2024 and late-2024, the average expected 10-year annualized return of ESG investments relative to … WebWe establish five facts in this data: (1) Beliefs are reflected in portfolio allocations. The sensitivity of portfolios to beliefs is small on average, but varies significantly with investor … fitted daybed covers for twin bed
EconPapers: Five Facts about Beliefs and Portfolios
WebMay 1, 2024 · The sensitivity of portfolios to beliefs is small on average, but varies significantly with investor wealth, attention, trading frequency, and confidence. WebThe sensitivity of portfolios to beliefs is small on average, but varies significantly with investor wealth, attention, trading frequency, and confidence. (2) Belief changes do not … WebWe establish five facts in this data: (1) Beliefs are reflected in portfolio allocations. The sensitivity of portfolios to beliefs is small on average, but varies significantly with investor wealth, attention, trading frequency, and confidence. (2) It is hard to predict when investors trade, but conditional on trading, belief changes affect ... can i drive with a broken tail light