Private investors have limited time available for learning about stocks as they need to divide their time between stock analysis and work. This paper analyzes the influence of learning constraintsin the form of time constraints on portfolio selection and derives both optimal portfolio holdings...

Portfolio Selection und Analgeentscheidungen in Finanzmärkten -- Treffen Investoren mit konstanter relativer Risikoaversion auch im Buy-and-Hold-Kontext myopische Portfolioentscheidungen? -- Faktorstruktur und Marktmodelle -- Effiziente Portefeuillestrukturen: von Harry Markowitz zur...