APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION
Thanks to the Internet, „high-quality” information is now easier and quicker to obtain than ever before. However, the Internet investing environment fosters overconfidence. As you acquire more information, your confidence in your ability to predict the future rises far faster than your true ability....
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Romanian National Institute of Statistics
2012-10-01
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Online Access: | http://www.revistadestatistica.ro/Articole/2012/RRS09_2012_a7_en.pdf |
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doaj-050055f75f7a43308e6808d19fe3ad762020-11-24T20:59:37ZengRomanian National Institute of StatisticsRevista Română de Statistică1018-046X1844-76942012-10-0160098088APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATIONMihail Dumitru SACALĂThanks to the Internet, „high-quality” information is now easier and quicker to obtain than ever before. However, the Internet investing environment fosters overconfidence. As you acquire more information, your confidence in your ability to predict the future rises far faster than your true ability. Online investors have access to vast quantities of data, but information is not knowledge or wisdom. In fact, having loads of data gives you the illusion of knowledge and thus control. Ultimately, this data may give you a false confidence that you can pick stocks.http://www.revistadestatistica.ro/Articole/2012/RRS09_2012_a7_en.pdfasset pricingBehavioral Financequalitative variablesinvestors |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mihail Dumitru SACALĂ |
spellingShingle |
Mihail Dumitru SACALĂ APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION Revista Română de Statistică asset pricing Behavioral Finance qualitative variables investors |
author_facet |
Mihail Dumitru SACALĂ |
author_sort |
Mihail Dumitru SACALĂ |
title |
APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION |
title_short |
APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION |
title_full |
APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION |
title_fullStr |
APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION |
title_full_unstemmed |
APPROACHES TO DATA ACQUISITION AND ON-LINE INFORMATION |
title_sort |
approaches to data acquisition and on-line information |
publisher |
Romanian National Institute of Statistics |
series |
Revista Română de Statistică |
issn |
1018-046X 1844-7694 |
publishDate |
2012-10-01 |
description |
Thanks to the Internet, „high-quality” information is now easier and quicker to obtain than ever before. However, the Internet investing environment fosters overconfidence. As you acquire more information, your confidence in your ability to predict the future rises far faster than your true ability. Online investors have access to vast quantities of data, but information is not knowledge or wisdom. In fact, having loads of data gives you the illusion of knowledge and thus control. Ultimately, this data may give you a false confidence that you can pick stocks. |
topic |
asset pricing Behavioral Finance qualitative variables investors |
url |
http://www.revistadestatistica.ro/Articole/2012/RRS09_2012_a7_en.pdf |
work_keys_str_mv |
AT mihaildumitrusacala approachestodataacquisitionandonlineinformation |
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