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...

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Bibliographic Details
Main Authors: Fernando Nascimento de Oliveira, Eduardo Lana de Paula
Format: Article
Language:English
Published: Brazilian Society of Finance 2008-12-01
Series:Revista Brasileira de Finanças
Subjects:
Online Access:http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1347