The Endowment Effect: Why Executives Love Their Company’s Stock

The Journal of Financial Planning: The Endowment Effect: Why Executives Love Their Company’s Stock

In the August issue of this monthly publication, Rob Clarfeld discusses why executives who hold high concentrations of their companies’ stock find it so difficult to diversify, which he describes as ‘The Endowment Effect.’

The Journal of Financial Planning – a leading journal for the financial planning profession – publishes articles by industry thought leaders, who share insights and best practices with their peers.