Assignment: Produce a one-page memo summarizing a recent research paper in behavioral finance, and explaining the implications for investors or managers. Intended audience: Imagine that you are an analyst working for an institutional investor that manages a large stock portfolio. Your boss has asked you to prepare an “executive summary” to inform him or her about a research paper that was just published, and how it might affect the firms that are held in the portfolio, in advance of an important board meeting. Goal: Include as much relevant information as you can in one page, while maintaining a writing style that is clear and concise, about one of the recent research papers in behavioral finance posted on the Blackboard site under “Behavioral Finance Papers for WA1”.
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