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Wednesday, June 29, 2011

Why Women Are Better At Everything

Recently in the Wall Street Journal, MarketWatch columnist David Weidner noted that women "do almost everything better" than men — from politics to corporate management to investing.

Weidner cites a new study by Barclays Wealth and Ledbury Research, which found that women were more likely than men to make money in the market, mostly because they didn't take as many risks. And why are they risk-averse? Because they're not as overconfident as men, the study found.

The study's findings backed up those of previous research on the topic: in a 2001 study [PDF] of 35,000 American households with an account at a discount brokerage, financial scholars Brad Barber and Terrance Odean found that women's risk-adjusted returns beat men's by 1% annually. A 2005 study by Merrill Lynch found that 35% of women held an investment too long, compared with 47% of men. More recently, in 2009, a study by the mutual fund company Vanguard involving 2.7 million personal investors concluded that during the recent financial crisis, men were more likely than women to sell shares of stocks at all-time lows, leading to bigger losses among male traders. It also meant fewer gains when some of the stock values began to rise again.

7 comments:

Anonymous said...

If this were true why don't women run the world?

Anonymous said...

Michelle Bachman for president!

Anonymous said...

I'm a woman and even I don't agree with that. Examples are football and combative military action.

Anonymous said...

Men are bigger and stronger but women are smarter at the tactics used for fight.

Anonymous said...

The Rockefeller Family has done everything in its power to emasculate men.

Anonymous said...

e·mas·cu·late/iˈmaskyəˌlāt/Verb1. Make (a person, idea, or piece of legislation) weaker or less effective.
2. Deprive (a man) of his male role or identity: "he feels emasculated because he cannot control his wifes' behavior".

Anonymous said...

Gotta watch that "winner effect" testosterone can be a tricky thing.