An Introduction to Investment Mistakes
18 Pages Posted: 25 May 2015 Last revised: 26 May 2015
Date Written: May 26, 2015
Abstract
This paper provides a short overview of the stylized facts of household finance that relate to investors and their investment decisions. Emphasis is given to mistakes made by individuals, although evidence suggests all categories of market participants are prone to the same biases. The paper will be useful to those new to the field, or those who want a primer before launching into the literature.
Keywords: Household finance, investor behavior, investment decisions, investment mistakes
JEL Classification: D10, G11
Suggested Citation: Suggested Citation
Firth, Chris, An Introduction to Investment Mistakes (May 26, 2015). Available at SSRN: https://ssrn.com/abstract=2609989 or http://dx.doi.org/10.2139/ssrn.2609989
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