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Massimo Fuggetta

Bayes Investments; behavioral / Bayesian value

Massimo Fuggetta is founder and chief investment officer of Bayes Investments, a UK-based asset manager. He combines quantitative, probabilistic frameworks with behavioural-finance analysis to construct value-oriented equity portfolios. He is known for articulating a 'Bayesian value' approach, arguing that proper uncertainty-weighting corrects the cognitive biases that cause mispricing.

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Last updated
10 May 2026
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