Women do invest differently from men, says Manisha Thakor. They have some inherent advantages — including a skeptical tendency to ask questions about investment ideas they don’t understand, and a tendency to gravitate toward “buy and hold” investing that saves on the trading cost of higher churn.
Still, as a group, women are way behind where they should be financially, says Thakor, a Harvard MBA who gave up a successful 15-year career on Wall Street to launch a second career as an expert on women and money. (more…)
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