Have you heard of Homo Economicus, the star of classical finance theory and its Efficient Market Hypothesis He is the man who, in the blink of an eye, is able to process huge amounts of data, draw rational conclusions, and can act without any emotion-24 hours a day, 7 days a week. Homo Economicus has an Oscar-winning role in the aforementioned theories, for their mantra is that all investors should, as a group, act the same way he does.
But do they
For many years, academics thought they did. Now Behavioural Finance is attempting to prove the opposite. In the world of Contrarian...
