As the finance expert from the Oxford University, Tarun Ramadorai has found an ideal platform in the Indian stock market to study behavioural pattern of individual investors in emerging markets. Having co-authored the study 'Getting Better: Learning to Invest in an Emerging Stock Market' with John Campbell and Benjamin Ranish, the Professor of Financial Economics, Said Business School, University of Oxford was on a visit to India to speak on the same at the International Finance Conference held at the IIM Ahmedabad. In an interview with Vinay Umarji on sidelines of the conference, Ramadorai talks about how individual investors are increasingly opting for delegation of their investment instead of directly investing in stocks and advises investors to avoid trading too much as well as hold diversified portfolio for better returns in the long run. Excerpts: What has been your observation regarding the trend of retail investors in ...
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