Is financial expertise overrated? A new study from the ‘Yelp of investing’ shows that finance professionals make less money in the stock markets than people in other industries – perhaps because banking experts know it pays to be wary
Here’s a shocker: finance professionals are not terribly good at … finance.
Openfolio, which calls itself the “Yelp of investing”, mined data from 2,500 of its users over a year. The new data suggests that technology professionals are doing better than the finance pros at making money on the stock markets.
This is not about skill, this is about access to superior information.
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