conditions become more attractive to these gamblers, similar to Linnainmaa (2011) who models investors may trade to learn, we propose when gamblers are successful, confident and markets are signaling lottery
., 2018; CALISKAN et al., 2020) •Naive Portfolio •Minimizes risk without sacrificing expected returns(Tang, 2003) •Optimal strategy(Bock, 2018;Brown et al., 2013;li, 2018) 6 Background(Cont.) •Mean variance
: Countries FY2020/21 Baht million FY2019/20 Baht million Variance Baht million Variance (%) Thailand 704.38 1,027.52 (323.14) (31.45) Malaysia 1,187.45 1,389.43 (201.98) (14.54) Indonesia 100.81 226.79 (125.98
, claiming returns from cryptocurrencies, digital tokens or package investment plans in the form of Ponzi scheme. Solicitors may also promise or guarantee attractive returns, luring investors into quick
certificates will be limited to institutional investors or high net worth investors only; therefore, is exempted from the SEC?s approval.? ?To make investment in PE trust more attractive, the SEC will further
FY20) are as follows: Country Q1 FY2020/21 Q1 FY2019/20 Variance (Baht million) Variance (%) Thailand 194.53 283.75 (89.22) (31.4%) Malaysia 160.84 350.10 (189.26) (54.1%) Indonesia 34.99 61.86 (26.87
FY20) are as follows: Country Q1 FY21 Q1 FY20 Variance (Baht million) Variance (%) Thailand 194.53 283.75 (89.22) (31.4%) Malaysia 160.84 350.10 (189.26) (54.1%) Indonesia 34.99 61.86 (26.87) (43.4
was at Baht 0.039 per share. Table: Operating Results (Unit: Million Baht) Items Quarter Variance Quarter Variance 1/2021 4/2020 Amount (%QoQ) 1/2020 Amount (%YoY) Interest income 1,847.5 1,867.1 (19.6
million Variance (Baht million) Variance (%) Thailand 104.16 276.89 (172.73) (62.4) Malaysia 291.49 346.10 (54.61) (15.8) Indonesia 4.86 52.14 (47.28) (90.7) India 9.45 50.32 (40.87) (81.2) Total 409.96
Quarter Variance Quarter Variance For 9-month periods Variance 3/2020 2/2020 (%QoQ) 3/2019 (%YoY) 2020 2019 (%YoY) Interest income 1,889.6 1,954.1 (3.3) 2,161.9 (12.6) 5,988.3 6,517.2 (8.1) Interest