You’re driving to the lake this summer when you see a horrific single-car accident.
Is the driver more likely to be male or female?
Most of the time, you’d be right if you guessed it was a man. In a study of motor vehicle accidents by insurance company 4AutoInsuranceQuote.com, 80% of all fatal and serious car crashes are caused by male drivers. Driving violations are higher for men in virtually every category: failing to yield, not wearing seat belts, speeding and driving under the influence of alcohol.
It turns out the same principle may apply to investing.