Thursday, October 6, 2011
2010 Dalbar Quantitative Analysis of Investment Behavior
Dalbar shocked the industry when they first published their study seventeen years ago that showed how individual investors actually under-performed the broad equity indexes and by a substantial amount. The spreads have narrowed slightly in the last couple of years and now the 2011 twenty year average only shows the average investors under-performing the equity benchmark by 5.31% annually.
