This research attempts to analyze to what extent knowledge and tactics, or enduring personality traits, predict investor behaviour and cognitive biases in portfolio investment. This study is based on exploring a wide-ranging dataset: responses to a questionnaire survey, together with transactional data of the same individual customers of an Indian stock company. From the questionnaire survey we estimate measures of domain-general personality traits, such as the Big Five, as compared to the knowledge, financial literacy, competency, and attitude specific to investor equity trading. Our results show the dominance of knowledge and tactics measures over personality related measures, when predicting nine different dependent variables of investment performance, investor cognitive biases and portfolio investment activity. This research concludes with the discussion of the findings, with insights into theory and managerial implications.<\/p>","DOI":"10.4018\/ijcbpl.306184","type":"journal-article","created":{"date-parts":[[2022,7,26]],"date-time":"2022-07-26T22:02:40Z","timestamp":1658872960000},"page":"1-10","source":"Crossref","is-referenced-by-count":0,"title":["Knowledge or Personality"],"prefix":"10.4018","volume":"12","author":[{"ORCID":"http:\/\/orcid.org\/0000-0002-1927-4349","authenticated-orcid":true,"given":"Chabi","family":"Gupta","sequence":"first","affiliation":[{"name":"Christ University, India"}]}],"member":"2432","reference":[{"key":"IJCBPL.306184-0","doi-asserted-by":"publisher","DOI":"10.1016\/S0022-1996(03)00015-1"},{"key":"IJCBPL.306184-1","doi-asserted-by":"publisher","DOI":"10.1016\/B978-0-444-53444-6.00001-8"},{"key":"IJCBPL.306184-2","doi-asserted-by":"publisher","DOI":"10.1111\/0022-1082.00226"},{"key":"IJCBPL.306184-3","doi-asserted-by":"publisher","DOI":"10.1016\/bs.hesbe.2018.07.001"},{"key":"IJCBPL.306184-4","doi-asserted-by":"crossref","unstructured":"Barberis, N., & Xiong, W. (2009). What drives the disposition effect? An analysis of a long\u2010standing preference\u2010based explanation.\u00a0 Journal of Finance,\u00a064(2), 751-784.","DOI":"10.1111\/j.1540-6261.2009.01448.x"},{"key":"IJCBPL.306184-5","doi-asserted-by":"publisher","DOI":"10.2466\/pms.1959.9.3.191"},{"key":"IJCBPL.306184-6","doi-asserted-by":"publisher","DOI":"10.1016\/j.jbankfin.2005.02.003"},{"key":"IJCBPL.306184-7","doi-asserted-by":"publisher","DOI":"10.1146\/annurev-economics-080511-110922"},{"key":"IJCBPL.306184-8","doi-asserted-by":"publisher","DOI":"10.1257\/aer.20161076"},{"key":"IJCBPL.306184-9","doi-asserted-by":"publisher","DOI":"10.1257\/aer.20161076"},{"key":"IJCBPL.306184-10","doi-asserted-by":"publisher","DOI":"10.3368\/jhr.43.4.972"},{"key":"IJCBPL.306184-11","doi-asserted-by":"crossref","unstructured":"Brown, J. R., Kapteyn, A., Luttmer, E. F., & Mitchell, O. S. (2013). Decision complexity as a barrier to annuitization.\u00a0CESR Working Paper (2013-004).","DOI":"10.2139\/ssrn.2317066"},{"key":"IJCBPL.306184-12","doi-asserted-by":"publisher","DOI":"10.1086\/593088"},{"key":"IJCBPL.306184-13","doi-asserted-by":"publisher","DOI":"10.1080\/1351847042000255643"},{"key":"IJCBPL.306184-14","doi-asserted-by":"publisher","DOI":"10.1016\/j.jebo.2014.04.001"},{"key":"IJCBPL.306184-15","doi-asserted-by":"crossref","unstructured":"Elton, E. J., Gruber, M. J., & Busse, J. A. (2011). Are investors rational? Choices among index funds. In\u00a0Investments and portfolio performance\u00a0(pp. 145-172). Academic Press.","DOI":"10.1142\/9789814335409_0008"},{"key":"IJCBPL.306184-16","doi-asserted-by":"publisher","DOI":"10.1016\/j.paid.2014.01.029"},{"key":"IJCBPL.306184-17","doi-asserted-by":"crossref","unstructured":"Firth, C. (2020). Protecting investors from themselves: Evidence from a regulatory intervention. Journal of Behavioral and Experimental Finance, 27, 100329.","DOI":"10.1016\/j.jbef.2020.100329"},{"key":"IJCBPL.306184-18","doi-asserted-by":"publisher","DOI":"10.1111\/jofi.12514"},{"key":"IJCBPL.306184-19","doi-asserted-by":"publisher","DOI":"10.1111\/cogs.12377"},{"key":"IJCBPL.306184-20","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/hhw010"},{"key":"IJCBPL.306184-21","doi-asserted-by":"publisher","DOI":"10.1016\/j.tics.2016.07.003"},{"key":"IJCBPL.306184-22","doi-asserted-by":"publisher","DOI":"10.1016\/j.tics.2016.07.003"},{"key":"IJCBPL.306184-23","doi-asserted-by":"publisher","DOI":"10.1111\/jofi.12851"},{"key":"IJCBPL.306184-24","doi-asserted-by":"publisher","DOI":"10.1037\/1040-3590.4.1.26"},{"key":"IJCBPL.306184-25","doi-asserted-by":"publisher","DOI":"10.1016\/j.joep.2017.03.001"},{"key":"IJCBPL.306184-26","doi-asserted-by":"publisher","DOI":"10.1016\/S0092-6566(03)00046-1"},{"key":"IJCBPL.306184-27","doi-asserted-by":"publisher","DOI":"10.1007\/978-3-319-01387-9_8"},{"key":"IJCBPL.306184-28","doi-asserted-by":"publisher","DOI":"10.1177\/0013164406288169"},{"key":"IJCBPL.306184-29","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/hhw063"},{"key":"IJCBPL.306184-30","doi-asserted-by":"publisher","DOI":"10.1037\/0022-3514.63.1.146"},{"key":"IJCBPL.306184-31","doi-asserted-by":"publisher","DOI":"10.1016\/j.obhdp.2006.10.002"},{"key":"IJCBPL.306184-32","doi-asserted-by":"publisher","DOI":"10.1037\/rev0000039"},{"key":"IJCBPL.306184-33","doi-asserted-by":"publisher","DOI":"10.1080\/0960085X.2019.1614739"},{"key":"IJCBPL.306184-34","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2016.2711"},{"key":"IJCBPL.306184-35","doi-asserted-by":"publisher","DOI":"10.1111\/0022-1082.00072"},{"key":"IJCBPL.306184-36","doi-asserted-by":"publisher","DOI":"10.1002\/1097-4679(199511)51:6<768::AID-JCLP2270510607>3.0.CO;2-1"},{"key":"IJCBPL.306184-37","unstructured":"Raven, J. C., & Court, J. H. (1998).\u00a0Raven's progressive matrices and vocabulary scales\u00a0(Vol. 759). Oxford Pyschologists Press."},{"key":"IJCBPL.306184-38","doi-asserted-by":"publisher","DOI":"10.1080\/00207450600588881"},{"key":"IJCBPL.306184-39","doi-asserted-by":"publisher","DOI":"10.1016\/0001-6918(81)90005-6"},{"key":"IJCBPL.306184-40","doi-asserted-by":"publisher","DOI":"10.1016\/S0191-8869(99)00177-4"},{"key":"IJCBPL.306184-41","doi-asserted-by":"publisher","DOI":"10.3233\/IFS-130916"}],"container-title":["International Journal of Cyber Behavior, Psychology and Learning"],"original-title":[],"language":"ng","link":[{"URL":"https:\/\/www.igi-global.com\/viewtitle.aspx?TitleId=306184","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2023,1,16]],"date-time":"2023-01-16T23:45:14Z","timestamp":1673912714000},"score":1,"resource":{"primary":{"URL":"https:\/\/services.igi-global.com\/resolvedoi\/resolve.aspx?doi=10.4018\/IJCBPL.306184"}},"subtitle":["An Empirical Analysis of Behavioural Finance and Investor Cognitive Biases"],"short-title":[],"issued":{"date-parts":[[2022,7,26]]},"references-count":42,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2022,1]]}},"URL":"https:\/\/doi.org\/10.4018\/ijcbpl.306184","relation":{},"ISSN":["2155-7136","2155-7144"],"issn-type":[{"value":"2155-7136","type":"print"},{"value":"2155-7144","type":"electronic"}],"subject":[],"published":{"date-parts":[[2022,7,26]]}}}