We examine subjective risk premia implied by return expectations of individual investors and professionals for aggregate portfolios of stocks, bonds, currencies, and commodity futures. While in-sample
This project aims to theoretically and empirically examine the implications that the divergence of investor belief could have on the implied volatility smile in stock options. In light of theoretical
In 2019, art professionals stated that the biggest motivator for their clients to buy art was collecting with an investment view. According to the source, 85 percent of professionals stated that this