Purchase
Warren Buffett Invests Like A Girl
Motley Fool
And Why You Should, Too (Motley Fool)
HarperCollins
July 2011
On Sale: June 21, 2011
272 pages
ISBN: 0061567558
EAN: 9780061567551
Hardcover
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Non-Fiction
Investing isn't a man's world anymore—and that's a good
thing for individual portfolios, Wall Street, and the
world's financial system. Warren Buffett and the women of the world have one thing in
common: They are better investors than the average man.
Psychologists and scientists have shown that women have the
kind of temperaments that help them achieve long-term
success in the market. The calamities of the past several
years have only provided more statistical and anecdotal
evidence of the same. Here are just a few characteristics of
female investors that distinguish them from their male
counterparts: * Women spend more time researching their investment
choices and tend to take less risk than men do. This
prevents them from chasing "hot" tips and trading on whims.
Women are also more likely to seek out information that
challenges their assumptions. * One study found that men trade 45 percent more often
than women do, and although men are more confident
investors, they are also more susceptible to becoming
overconfident. By trading more often—and without enough
research—men reduce their net returns and increase
transaction costs and capital gains taxes. * Women aren't as susceptible to peer pressure as men
are, which results in a more levelheaded, patient approach
to investing. * Women have less testosterone than men do (not a
surprise, we know). New and continually unfolding science
points to the possibility that testosterone is responsible
for herdlike risk-taking behavior from men in the financial
markets. This book shows that women, with their patience and good
decision making, epitomize the Foolish investment
philosophy, as well as the investment temperament of the
most successful investor in history: Warren Buffett. While
men may be brash, compulsive, and overly daring, women tend
to be more studious, skeptical, and reasonable. The book
will empower and educate women—and the men smart enough to
embrace a "feminine" investing style—on how to strengthen
their portfolios and find success in the market.
No awards found for this book.
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