Investors Following the Crowd

The wisdom of crowds doesn’t apply to picking stocks.

A new study published in the Journal of Portfolio Management shows that “hot stocks,” those that generate a lot of buzz and, as a result, move a lot, generally do not do well.read more

Source: Psychology Today Work Center - December 1, 2014 Category: Psychiatry & Psychology Authors: Ken Eisold, Ph.D. Tags: Behavioral Economics Cognition Media Social Life Work Investing popular wisdom profits Source Type: news