Speeding - hazardous to your portfolio returns?
» Posted by Martin Weil on February 11, 2008
If you get speeding tickets, watch out: The chances are good that you will also engage in possibly dangerous investing behavior, too. That is the implication of a new study that found that individuals who receive more speeding tickets tend to churn their portfolios...They found that, other things being equal, an investor's portfolio turnover rate rose 11 percent after each additional speeding ticket he received.
So says a new study profiled in the NY Times

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