Tech

Investor overconfidence linked to selective memory

Enlarge (credit: https://www.gettyimages.com/detail/news-photo/trader-works-in-front-of-a-board-displaying-germanys-share-news-photo/1234893457?adppopup=true ) 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 you may not they’re losing money doing so. They take on too much debt and don’t diversify their holdings. When the market […]