Faculty Publications


Investing Blog Roundup: “Heads I Win, Tails I Win”

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There’s a good bit of research (see here for one recent example) showing that investors tend to underperform their own investments, due to buying and selling at the wrong times.

This week I read WSJ editor Spencer Jakab’s new book Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor, which takes a look at that gap in performance and discusses steps investors can take to minimize it.