ECON De­part­ment Se­mi­nar (extra) - Sa­bi­ne Krö­ger, Uni­ver­sité La­val in Ca­na­da

Tit­le: Cor­re­la­tion Neg­lect and Po­rt­fo­lio Recom­men­da­tion - An Ex­pe­ri­men­tal In­ve­sti­ga­tion
Po­rt­fo­lio di­ver­si­fi­ca­tion requi­res taking into ac­co­unt va­ri­an­ces of in­di­vi­du­al as­sets and their cor­re­la­tions. Em­pi­ri­cal evi­den­ce, howe­ver, in­di­ca­tes that both in­di­vi­du­als and pro­fes­sio­nal in­ve­stors frequent­ly ig­no­re the lat­ter whi­le con­structing their po­rt­fo­lio