Shanaev, Savva; Shimkus, Nikita; Ghimire, Binam; … - In: The Journal of Risk Finance 21 (2020) 5, pp. 577-620
Purpose: The purpose of this paper is to study LEGO sets as a potential alternative asset class. An exhaustive sample of 10,588 sets is used to generate inferences regarding long-term LEGO performance, its diversification benefits and return determinants. Design/methodology/approach: LEGO set...