Close Menu Navigation
Open Categories Menu Has the “Dumb Money” Become the Smart Money?
- 1 December, 2011 -
- ad, bus, General Post, school -
- Tags : coined-the-term, dumb-money, even-coined, facebook, frazzini, research, term, their-research, well-known, wrong
- 0 Comments
Follow Us on Facebook! There’s a well known theme in investment circles that implies individual investors consistently do the wrong thing –that they essentially sell low and buy high. Two business school professors (Andrea Frazzini & Owen Lamont) even coined the term “dumb money” in 2005 when their research confirmed what many institutions had known
See original here:
Has the “Dumb Money” Become the Smart Money?
