Barber and Odean (2000) Ranked Portfolios by Turnover and Report

question 6

Multiple Choice

Barber and Odean (2000) ranked portfolios by turnover and report that the difference in return between the highest and lowest turnover portfolios is 7% per year. They attribute this to

• A) overconfidence.
• B) framing.
• C) regret avoidance.
• D) sample neglect.

---

Definitions:

Boys And Girls

Terms that refer to male and female children respectively, often discussed in contexts of socialization, education, and gender roles.

Misbehaving

Engaging in actions or behaviors that are considered inappropriate or unacceptable according to societal norms or rules.

Material Success

The accumulation of wealth, assets, or material possessions, often viewed as a measure of individual or societal achievement and status.

Intellectual Ability

The capacity to think logically, understand complex ideas, solve problems, and acquire knowledge.