Investor Overconfidence Linked to Selective Memory

Investor Overconfidence Linked to Selective Memory
(AP Photo/Ahn Young-joon)

There's extensive academic literature on the risks faced by investors who are overly confident of their ability to beat the market. They tend to trade more often, even if they're losing money doing so. They take on too much debt and don't diversify their holdings.

Read Full Article »


Comment
Show comments Hide Comments


Related Articles