notices - See details
Notices
building-capital-markets
THEME: CAPITAL MARKETS
4 May 2026 In Practice Brief

In Practice Brief: Emotional Yields of Collectibles

CFA Institute

This study introduces a machine learning approach to estimate emotional yields of collectibles. Using 110 years of data, it shows most collectibles earn positive emotional returns (~2.5% annually), which lower their equilibrium financial returns.

View the full article Emotional Yields of Collectibles

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