Huraoptymizm rekomendacji maklerskich w okresie giełdowej dekoniunktury

• Authors: Piotr Dąbrowski

Title variants

EN

Excessive Optimism of Recommendations during Market Downturn

• Languages of publication: PL

Abstracts

EN

Brokerage recommendations suggest investors buying or selling financial instruments. Their quality is variable in long time and is better during up-trends. But the most surprising thing is optimism of financial institutions - they recommend buying stocks (over 70% cases!) despite of bad sentiments and bear trends on the markets. In the article the results of Polish blue-chip stocks recommendation exploration are presented. It covers 2007-2011 and tries to explain why during hard times there are significant dominance of buying "recos".

Keywords

PL

Giełda papierów wartościowych; Portfel akcji; Rekomendacje; Transakcje maklerskie; Zlecenie maklerskie

EN

Brokerage transactions; Broker's order; Equity portfolios; Recommendation; Stock market,

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 174
• Pages: 88-104

Contributors

author

Piotr Dąbrowski

References

• G. Zalewski: Psychologia inwestowania: problem z rzetelnością analiz. "Gazeta Giełdy Parkiet" z dnia 9 września 2006.

Identifiers

ISSN

2083-8611