When it comes to investing, are women better than men?

warren-buffett-invest-like-a-girlAccording to a new book called Warren Buffett Invests Like A Girl by LouAnn Lofton; perhaps they are.

Academic researchers and behavioral economists have been putting in the long hours and hard work necessary to tease out the differences between how men invest and how women invest. The studies and surveys go back years and cover nearly every aspect of investing–decision making, risk assessment, trading frequency and consistency of results, just to name a few.

Researchers have also studied the differences among professional investors, both male and female, highlighting the fact that these variations in temperament aren’t limited just to the universe of the individual investor. And some of the most interesting recent studies have just begun to uncover the role of testosterone in investing, risk taking and trading. You’re not shocked to hear it has one, are you? [Continue reading…]

Trading Diary: Game End

Well it’s been an interesting game. Over the game period, the sharemarket fluctuated considerably due to events such as the Japanese earthquake and tsunami, the Aussie dollar reaching record highs, commodities falling and continuing concerns about the health of a number of developed economies.

This is reflected in the following:

  • only 20% of players finished the game in profit
  • the average player portfolio value was $48,153
  • the All Ordinaries was down by 4.70%
  • only 3 sectors were in profit – energy, telecommunications and  utilities.

There wasn’t a lot of trading going in this game… mainly just monitoring positions.  I’m pleased to report that I finished in profit (yah!) and in the top 4% of players. [Continue reading…]

Trading Diary: 20th May 2011

ASX-20May

Are stop losses all they’re cracked up to be?  That’s got to be the $20million dollar question. I’ve been reading all about them via the Incredible Charts newsletter.  Over the last three weeks, they posted 3 articles on Stop Losses – Help or Hindrance?  The argument for the use of stop-loss rules seems inherently sound, [...]

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Trading Diary: 13 May 2011

ASX-13-May

Sometimes trading can be very hard and frustrating – especially when the markets are all over the place. The Australian share market on Thursday experienced its biggest daily decline since the peak of Japan’s nuclear crisis in mid-March, as disappointing employment data exacerbated a sell-off caused by global risk aversion stemming from European sovereign debt [...]

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Access to the world’s top trading minds

A group of the world’s leading traders will impart their knowledge at a charity trading symposium aimed at raising relief funds for victims of the Christchurch and Japan earthquakes. The Online Trading Symposium will bring together a lineup of the world’s top trading minds to give their invaluable insights and learning’s on trading.  Viewers can [...]

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Trading Diary: 15 April 2011

ASX200

The Australian share market extended a recent decline to a 10-day low Friday after an indecisive night on Wall Street, combined with European equity market weakness related to sovereign debt worries, offshore falls in BHP Billiton and Rio Tinto, and more weakness in base metals. Japan’s nuclear crisis, disappointing revenue from Alcoa, and Goldman Sachs’ [...]

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