Why would investing in own-company stock present greater risk than investing in a diversified fund? Despite this
Question:
Why would investing in own-company stock present greater risk than investing in a diversified fund? Despite this higher risk, many employees hold much of their 401(k) plan in company stock. Why does this phenomenon exist? Can heavy investment in company stock be rationalized? If so, how?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Behavioral Finance
ISBN: 9780190868741
1st Edition
Authors: H. Kent Baker, Greg Filbeck, John R. Nofsinger
Question Posted: