take a look at this, quite interesting... http://video.haas.berkeley.edu:24874/ramgen/media-services/Odean.rm
Despite the ear ring crack this video is actually quite informative. It illuminates many of the biases retail investors have. Lots to prey on
Nothing He's a pretty famous academic researcher and I think he was speaking to a bunch of investors just presenting his research. I think you might find the second half a bit more interesting... But no he's not selling anything, so no credibility issue there
I thought so too. I think I might make my students watch it next time I teach investments... I know what you all must be thinking: "Yeah, another academician plugging the whole buy and hold thing." To an extent maybe. He did have a number of very useful insights though that at least partially explain why most traders don't succeed.