Lunchtime takeaway: When recognition works

We’re committed to making your practice better, so all this month, we’re delivering you a daily takeaway.

Today’s takeaway is…

When recognition works

In Chicago and Munich, researchers asked 360 pedestrians and 160 finance and economic grad students which stocks from the S&P 500 and DAX they knew.

Turns out…Portfolios based on the 10 stocks named most often returned three times more than portfolios based on the 10 stocks named least often. They also beat two managed funds 75% of the time.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.