This study contributes to research on value investing in Brazil, analyzing the Brazilian funds that adopt this philosophy. The goal is to identify some of the factors that influence the decisions of value investing managers to maintain an asset in their portfolios. The results point out that the...

Recent changes in Australian legislation that limit the value of how artworks that can be considered as assets in retirement funds have had an impact on the Australian Aboriginal Art market. In this paper we estimate the impact of these changes on the price index based on prices paid for 15,845...

Following the 2007-09 financial crisis, mainstream finance theory was criticized for failing to forecast the market crash, which resulted in large losses for investors. Has our finance theory, which many consider an idealization that does not take reality into account, failed investors? Do we...