|
Disclaimer:
· Yahoo! does not endorse or vouch for the accuracy or authenticity of postings.
· Messages should be considered at best general information, not professional investment advice.
· You are personally responsible for your messages.
· You should not include any misleading or deceptive information in your messages and not carry out illegal or unauthorised activities using the Yahoo! Finance boards.
· Information in messages may, where appropriate, be made available to ASIC.
· If Yahoo! finds or reasonably suspects that you are making illegal or unauthorised messages, your right to make messages will be withdrawn. Please click here to read the entire disclaimer information before viewing or posting messages |
 Gender, Overconfidence, and Investment
|
<< Previous page | 1 | Next page >> |
By: pol_pak
10/04/2009
9:06 am Yahoo! Profile:
pol_pak Did this message offend you?
Sign in to report abuse |
Reply to this message |
The article is long, but well worth the read !
http://www.vanityfair.com/politics/features/2009/0 4/iceland200904?currentPage=all
as usual to work tidy up the link
---Start-Extract:->
Back in 2001, as the Internet boom turned into a bust, M.I.T.'s Quarterly Journal of Economics published an intriguing paper called "Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment." The authors, Brad Barber and Terrance Odean, gained access to the trading activity in over 35,000 households, and used it to compare the habits of men and women. What they found, in a nutshell, is that men not only trade more often than women but do so from a false faith in their own financial judgment. Single men traded less sensibly than married men, and married men traded less sensibly than single women: the less the female presence, the less rational the approach to trading in the markets.
<--End-Extract. |
|
|
<< Previous page | 1 | Next page >> |
|
