ARTYKUŁ
The occurrence of dispositional optimism among Individual Investors
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Instytut Finansów/Katedra Finansów Korporacji, Uniwersytet Łódzki/ Wydział Ekonomiczno- Socjologiczny, Polska
Submission date: 2024-07-13
Final revision date: 2024-09-01
Acceptance date: 2024-10-06
Online publication date: 2025-01-28
Corresponding author
Michał Jacek Radke
Instytut Finansów/Katedra Finansów Korporacji, Uniwersytet Łódzki/ Wydział Ekonomiczno- Socjologiczny, POW 3/5, 90-255, Łodź, Polska
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ABSTRACT
The primary objective of this study was to estimate the level and distribution of optimism among individual investors in Poland and to
investigate whether they are more optimistic than the general population. The second objective was to compare the author’s results
on the dispositional optimism of individual investors with those of a survey conducted by the Association of Individual Investors. The
third objective was to analyze the relationship between optimism and the socio-demographic variables of age, gender, education
level, place of residence, and investment experience. The results of the survey indicate that individual investors show an average
optimism level of 15.72 points, which is significantly higher than the average standardized score for Poland (14.55 points). The
survey showed that the age and investment experience are significant, but that education, gender, and place of residence are not.