According to an article in the New York Times, millions of amateur investors continue to actively buy
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According to an article in the New York Times, “millions of amateur investors continue to actively buy and sell securities regularly.”
a. Why might buying and selling securities regularly not be a good strategy for the average investor? What alternative strategy might an investor follow instead?
b. What insights from behavioral finance might explain why some investors persist in trying to beat the market by picking individual stocks?
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Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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