Genes may play a role in your investment choices
Thursday, February 23, 2012 - 08:31
in Psychology & Sociology
(PhysOrg.com) -- Whether youre a safe, conservative investor or a fast-trading stock-swapper, genes may actually play a role in some of your decisions. Individuals frequently exhibit investment biases, such as not diversifying enough, being reluctant to sell stocks that have lost money or simply trading too much. Now, new research from Stephan Siegel, visiting professor at the W. P. Carey School of Business at Arizona State University, shows some investors may be born with those biases.