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dividend_reinvestor_man 1 post  |  Last Activity: Nov 24, 2014 2:34 PM Member since: Sep 27, 2004
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  • dividend_reinvestor_man dividend_reinvestor_man Nov 24, 2014 2:34 PM Flag

    Put on a skirt.

    At The Washington Post, Robert Carden writes that “a load of research in behavioral economics suggests that a man’s portfolio and pocketbook would be a lot better off if we listened more to women.” He quotes Anthony Zalesky, a financial planner: “Women are more loss averse than men, more emotionally unattached and are far quicker to unload losers.”

    By contrast, Mr. Carden writes, “men hold onto their losers a lot longer than women. They’re sure the stock will come roaring back — even as it sinks. Academics call it confirmation bias; investment advisers call it boneheaded.”

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