M. Weber’s scientific contributions

... We wanted to test whether this classification can be defended on empirical grounds, and if so, whether strategy-selection is sensitive to the duration of a past trend -which it should be, according to empirical evidence on the predictability of stockprice behavior (cf. Bromann et al. 1997;Hong et al. 2000;Hong and Stein 1999). For this purpose we presented our subjects with a stockmarket scenario in which they had to make investment decisions concerning an underperforming and an overperforming stock. ...

Reference:

Decision Processes in Professional Investors: Does Expertise Guard against Judgmental Biases?

... Previous studies conducted for the German market refer equally to the superiority of the momentum strategy. [35][36][37][38][39][40][41] SHS Web of Conferences 9 2, 0 (2021) Globalization and its Socio-Economic Consequences 2020 ...

Reference:

Winner Strategies in Crisis

... Оказва се, че в много случаи прогнозите, основани на класическите постулати, се разминават с действителността. Например съгласно класическата финансова теория рационалните инвеститори би следвало да разполагат с добре диверсифицирани портфейли, но реалните инвеститори формират предпочитания към определени видове ценни книги, които съответно преобладават в портфейлите (Weber et al., 1999, S. 4; срв. с Куигин, 2013, 92–97). ...

Reference:

"Основни концепции в теорията на поведенческите финанси" (Basic Concepts of Behavioral Finance Theory)

... In the other studies; Lee (1986) showed that investors were not able to earn abnormal returns from Heinz Biel column of Forbes for the period 1962-1979. Pieper et al. (1993) studied buy recommendations published in "Effekten-Spiegelin for the period 1990-1991. Findings showed that abnormal returns could gain before the publication of the recommendation. ...

Reference:

The Effects of Business Magazine Recommendations on the Stock Prices in Turkey: Case of Para