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re: Tips for a Young Investor
Posted on 10/9/13 at 1:09 pm to Turkey_Creek_Tiger
Posted on 10/9/13 at 1:09 pm to Turkey_Creek_Tiger
quote:
I didn't know, I was just wondering how useful that degree can be in the investing world.
I don't really know either; just pointing out that having (possibly temporary) success as a stock-picker doesn't necessarily imply great intelligence or great financial wisdom or anything else.
I'd guess that the actual major is pretty irrelevant, what counts would be learning how to think critically and incorporate new data into an existing model; possibly being willing and competent to modify the model to accommodate the new data. It all SOUNDS psychological, but I've got no idea if a Psych major learns how to do things like that any better than anybody else in College.
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