Determining the Optimum Level of Diversification of Home Broker Investors
This paper has the objective of determining the number of stocks that diversify a portfólio of Bovespa stocks of home brokers investors. We find the number of stocks that diversifies the portfólio by equalizing the benefit with the cost of including one more stock in the portfólio. To find the benef...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Brazilian Society of Finance
2008-12-01
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Series: | Revista Brasileira de Finanças |
Subjects: | |
Online Access: | http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1347 |