Event: Former U.S. Ambassador Hector E. Morales Jr. will speak with Houston-area investors about the economic climate in Latin America and investment opportunities in the region. A leading Latin American scholar, a journalist and a business leader will join Morales on a panel that will discuss the region's economy.
Wishful bettors, those who make overly optimistic investments, will ultimately harm themselves financially, but they can harm entire markets as well, new research shows.
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