According 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? [Read more...]