Investors Who “Gamble” in the Stock Market Have Same Characteristics as Lottery Players, Study Shows
The socioeconomic characteristics of people who play state lotteries are similar to investors who pick stocks with a lottery quality—high risk with a small potential for high return, and just like the lottery, returns on average are lower for those who invest this way in the stock market, research from The University of Texas at… » Continue Reading
Personality, age and background influence your investment decisions more than you might think, finance prof says
Anatomy of an Investor: Theories on how to play the stock market abound. Buy low, buy companies whose leadership you admire, invest in organizations that reflect your personal values. And don't count out the ever-popular strategy of throwing darts at the newspaper's financial pages. Every investor hopes he or she has figured out how to beat the system and turn a huge profit.