Investing Blog Roundup: “Heads I Win, Tails I Win”
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.
Piper, Mike, "Investing Blog Roundup: “Heads I Win, Tails I Win”" (2016). Faculty Publications. 533.