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Wash Post Says Invest Like a Woman.
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Topic: Wash Post Says Invest Like a Woman. (Read 2335 times)
oldtoyota
Magnum Stache
Posts: 3179
Wash Post Says Invest Like a Woman.
«
on:
October 13, 2013, 04:37:38 PM »
"Terry Odean, a University of California professor, has studied stock picking by gender for more than two decades. A seven-year study found single female investors outperformed single men by 2.3 percent, female investment groups outperformed male counterparts by 4.6 percent and women overall outperformed by 1.4 percent. Why? The short answer is overconfidence. Men trade more, and the more you trade, typically the more you lose — not to mention running up transaction costs."
http://www.washingtonpost.com/business/behavioral-economics-show-that-women-tend-to-make-better-investments-than-men/2013/10/10/5347f40e-2d50-11e3-97a3-ff2758228523_story.html
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Last Edit: October 14, 2013, 07:58:27 AM by oldtoyota
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The Money Mustache Community
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Wash Post Says Invest Like a Woman.