Record Details

The Bold and the Beautiful

ScholarsArchive at Oregon State University

Field Value
Title The Bold and the Beautiful
Names Kinser, Riley W. (creator)
Becker-Blease, John (advisor)
Date Issued 2014-05-16 (iso8601)
Note Honors Bachelor of Science (HBS)
Abstract This study looks at whether two physical characteristics, physical attractiveness and perceived competence, have an impact on student analysts finding large discrepancies between current price and target price. Equity reports published online by undergraduate and MBA students involved in student investment clubs and portfolio management classes are combined with pictures of the student analysts from their university’s archives. These pictures are then rated on attractiveness and competence. I use this data to construct a model to predict an analyst’s discrepancy between current price and target price. I find four noteworthy results. At the 5% significance level, analysts ranked in the top 10% in attractiveness are more likely to publish equity reports finding large discrepancies between current price and target price. At the 1% significance level, analysts ranked in the top 10% in perceived competence are more likely to publish equity reports finding large discrepancies between current price and target price. At the 1% significance level, as analysts gain experience in publishing equity reports the discrepancies they find decrease. At the 10% significance level, men find larger discrepancies between current price and target price than women.
Genre Thesis
Topic overconfidence
Identifier http://hdl.handle.net/1957/52061

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