Typical behavior lowers return

One fascinating thing is how much worse than the stock market an average investor is doing. Even compared to a 60% shares and 40% bonds portfolio, which did 11.1%, the average investor (in the US) underperformed with 2.4% and made 8.7%.

The Big Picture

Author: Henrik Torstensson

Partner at Alliance VC. Investing in Nordic early-stage tech startups.

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