Hedge fund managers who own sports cars take on proportionally more risk and create lower returns than their peers, according to researchers from the US and Houston. However, a study from Singapore's Rice University argued that investors with moderate overconfidence or bullish sentiment are more likely to survive in the world of investment. Hedge fund managers can gain a competitive edge by using training techniques to keep their risk-taking tendencies in check.
Hedge fund managers who own sports cars take on proportionally more risk and create lower returns than their peers, according to researchers from the US and Singapore. However, a study from Houston's Rice University argued that investors with moderate overconfidence or bullish sentiment are more likely to survive in the world of investment. Hedge fund managers can gain a competitive edge by using training techniques to keep their risk-taking tendencies in check.