Thursday, July 7, 2011

Barclays Cap study: Women are better investors than men

Anthony Weiner has put men in a pickle, SmartMoney suggests. Why is it that men so often self-destruct? In the political world, Weiner joins Eliot Spitzer, Bill Clinton, John Ensign, Arnold Schwarzenegger and John Edwards as hypocritic slimeballs who let their pants set their personal policy. There's Dominique Strauss-Kahn of the International Monetary Fund, who's accused of sexual assault. There's James McDermott, who was CEO of Keefe Bruyette & Woods until a dalliance with a porn star named Marylyn Star embarrassed him out of the company. We men just make bad decisions. We can't help it. We're men.

But now there's a raft of evidence that suggests women are better at everything including investing. A new study by Barclays Capital and Ledbury Research found that women were more likely to make money in the market, mostly because they didn't take as many risks. They bought and held. Women trade this way because they aren't as confident or perhaps as overconfident as men, the study found...

Read more at http://www.smartmoney.com/invest/stocks/why-women-are-better-investors-than-men-1308067691794/?cid=yahoofinance

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