The Facebook IPO: Why Gambling with Your Portfolio Rarely Pays Off

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By: Retirement Investments -- MyPlanIQ » Headline

Posted on June 03, 2012 at 12:18 PM EDT

by Geoff Considine In the academic finance world, it’s fairly common to find comparisons of investors to gamblers and certain types of stocks have been referred to as ‘lottery tickets.’ I’ve found that this comparison is actually quite important. There is an odd paradox between the assumption that investors are rational when it comes to investing, yet still spend an [...]