under-diversification
English edit
Noun edit
under-diversification (uncountable)
- Alternative form of underdiversification
- 2013, Jarrod W. Wilcox, Frank J. Fabozzi, Financial Advice and Investment Decisions: A Manifesto for Change, →ISBN:
- Their research indicated that under-diversification is positively related to the following attributes:youth, lower income, less education, overconfidence, trend following, local bias, and risk tolerance as indicated for preferences for volatility and skewness.