Yesterday, I wrote about how analysts who provide more in-depth forecasts for the stocks they cover are better able to forecast earnings, giving them an edge over their peers.
This is fascinating. I just read the 2023 Dalbar study and they saw the typical 2% investor underperformance versus whatever funds they were in..due to bad timing/fear/greed for all socio economic strata if I recall. This is the first study I've seen to quantify the "college effect". Interesting stuff!!
This is fascinating. I just read the 2023 Dalbar study and they saw the typical 2% investor underperformance versus whatever funds they were in..due to bad timing/fear/greed for all socio economic strata if I recall. This is the first study I've seen to quantify the "college effect". Interesting stuff!!
Yes, going to college instils 'patience' and I think that reduces trading activity and improves performance.