Studies Show that Women are Smart and Capable
A recent New York Times article claims that men’s overconfidence hurts them as investors. The article cites studies that show that men are more likely to sell low, trade stocks more often, and generally make less-informed and riskier decisions than women.
The conclusions are not overwhelming because, as one of the professors involved pointed out, “The differences among women and the differences among men are much greater than the differences between men and women.”
However, studies very often prove what the researchers conducting those studies set out to prove, and the good news is that researchers somewhere are setting out to prove that women are naturals when it comes to investing, rather than the opposite.