Snap-judgment Trading by Individuals?
May 13, 2025 - Animal Spirits, Individual Investing
Do individual investors trade carefully and cautiously, or do they make snap judgments? In their March 2025 paper entitled “The Research Behavior of Individual Investors”, Toomas Laarits and Jeffrey Wurgler employ browser histories for an approximately representative sample of U.S. individual investors to address: How much time do they spend on stock research? Which sites… Keep Reading