In the News
The Consumer Financial Protection Bureau Should Tell Investors to Trade Less
Jan 31, 2012 Brad M. Barber Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors Business Insider
This article about the new Consumer Financial Protection Bureau cites Professor Brad Barber’s 2000 study “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” in which he and co-author Terrance Odean from U.C. Berkeley looked at 10,000 investor accounts and found that the average retail trading decision is usually ‘wrong’ over the course of the following year.


