Why do people buy and sell stocks? To make money, of course. However, greed is not the only reason people seek to accumulate and attain wealth. Some people want personal comfort, security, or freedom. It seems simple enough. Then, why do so many people buy high and sell low? Why do some people...

The study is based on historical and hypothetical syntheses in understanding the sagacity of investors, stock returns, and stock market efficiency behavior in the theoretical frame of behavioral finance patterns. This research is guided by multidisciplinary behavioral related theories. This...

This study aims at examining the existence of herding behavior of investors in Pakistani stock market. KSE 100 is selected as a sample for the study as it represents almost 86% of Karachi Stock Exchange. Monthly data for companies has been gathered for analysis. Results obtained fail to find any...