has long been assumed that in times of market bubbles, rational investors, which are able to on average, properly discount future cash flows of corporations or other financial assets are consumed by

finance standards that regulators and the private sectors must prepare for? What to consider to best transition to sustainable finance? 4. Investor Resilience: Inclusive and rational investment in the

empirically provides rational explanations for this phenomenon by investigating whether the incremental pricing effects are determined by future earnings uncertainty and firm fundamentals that are founded on

rational investment decisions but their decisions are usually influenced by several factors and restrictions; emotion, beliefs and biases, for example. Those factors and restrictions cause investors to

Sustainability Standards Board (ISSB) ที่เกิดขึ้นใหม่ซึ่งหน่วยงานกำกับดูแลและภาคเอกชนต้องรับมือ รวมทั้งแนวปฏิบัติเพื่อการเปลี่ยนผ่านสู่การเงินเพื่อความยั่งยืน(4) Investor Resilience: Inclusive and rational

Resilience: Inclusive and rational investment in the digitalized world  Explore the viewpoints of new technologies, which facilitate investors of all ages to access a wide range of financial products and

globally, so as to address persistent deficiencies in listed public interest entity  audits. To achieve this goal, the AARG will ramp up its engagement with the Big-Four audit firms? leadership to address

ๆ                          (4) Investor Resilience: Inclusive and rational investment in the digitalized world: ผู้ร่วมเสวนาแลกเปลี่ยนความคิดเห็นในประเด็นการใช้เทคโนโลยีในการปกป้องผู้ลงทุนและเสริม

2 Background • Development of investment portfolio theory • TPT, MPT and PMPT (Lekovic, 2021) • Modern Portfolio Theory (Markowitz, 1952) • Rational investor • Multiple Assets • Overall risk • The

Investor • “...the 2013 Nobel Prize committee split the prize between the two camps [of rational, risk-based, efficient markets versus behavioral, irrational, and inefficient markets]” – Asness et al. (2015