Revolutionizing Portfolio Management with Tokenized Assets
The concept of efficient markets, introduced by Eugene Fama in the 1960s, has been the foundation of modern portfolio theory, leading to the development of index funds. However, this approach has been challenged by behavioral psychologists such as Daniel Kahneman and Amos Tversky, who highlighted the flaws in human decision-making. As a result, the concept of 'pretty good markets' has emerged, ac…
Feb. 28, 2025, 12:17 a.m.