Monday, April 20, 2009

'Overconfident' investors

BookValue
50 Psychological Experiments for Investors
Mickäel Mangot
( http://www.wiley.com/)

Single women & investing

When it comes to investing, women show more prudence than men, observes Mickäel Mangot in 50 Psychological Experiments for Investors. Because of their greater risk aversion, when women invest, they tend to choose less risky investments than men in the same income and wealth categories, he reasons.

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