Economics: Hot investment book “Buffett invests like a girl” & Thailand’s political risk

investing like a girl is smart, but does one have to dress up like a girl too?....lol

  • By Pooky, Thai Intel’s economics journalist

Well, there is a lot of talk about Thailand‘s stock market at the moment-with global news outfit like Reuters and CNBC saying Thai political risk is just very high.

And that is really the truth.

Yesterday, Bangkok Post‘s national security journalist, Wassana, twittered that in Thailand, everyone is really worried about tomorrows protest by the Democrat Party of Abhisit at the Central World because of the risk of the “Third Column” or “Third Hand” taking advantage of the opportunity-and attack the Democrat Party rally.

Well, beside of the impact on the election, the impact if such an attack occurs, is really “Total Melt-Down” of Thailand.

Thais recognizes this, on Voice TV, some experts on peace and reconciliation, said they do not agree with the Democrat Party rally, because it is provocative and does not help Thailand move towards peace.

The following is from barns & Nobel:

Overview

Investing isn’t a man’s world anymore—and that’s a good thing for individual portfolios, Wall Street, and the world’s financial system.

Warren Buffett and the women of the world have one thing in common: They are better investors than the average man. Psychologists and scientists have shown that women have the kind of temperaments that help them achieve long-term success in the market. The calamities of the past several years have only provided more statistical and anecdotal evidence of the same. Here are just a few characteristics of female investors that distinguish them from their male counterparts:

  • Women spend more time researching their investment choices and tend to take less risk than men do. This prevents them from chasing “hot” tips and trading on whims. Women are also more likely to seek out information that challenges their assumptions.
  • One study found that men trade 45 percent more often than women do, and although men are more confident investors, they are also more susceptible to becoming overconfident. By trading more often—and without enough research—men reduce their net returns and increase transaction costs and capital gains taxes.
  • Women aren’t as susceptible to peer pressure as men are, which results in a more levelheaded, patient approach to investing.
  • Women have less testosterone than men do (not a surprise, we know). New and continually unfolding science points to the possibility that testosterone is responsible for herdlike risk-taking behavior from men in the financial markets.

This book shows that women, with their patience and good decision making, epitomize the Foolish investment philosophy, as well as the investment temperament of the most successful investor in history: Warren Buffett. While men may be brash, compulsive, and overly daring, women tend to be more studious, skeptical, and reasonable. The book will empower and educate women—and the men smart enough to embrace a “feminine” investing style—on how to strengthen their portfolios and find success in the market.

Quick Summary: From Barnes & Noble

As investors, men can’t hold a proverbial candle to women. Studies show that when it comes to making portfolio choices, men are confident, impulsive, and overly daring; while women tend to be more studious, skeptical, reasonable, and patient. They trade less than men, but do better financially. So how can you learn to invest like a girl)? This trustworthy Motley Fool guide present eight essential principles to change your bullish male impulses into investment strategies that Warren Buffett and wise women can endorse.

A Critical Look: Publishers Weekly

In this uneven primer on creating a successful long-term portfolio, Lofton, a Motley Fool writer and editor, draws on Warren Buffett’s wisdom and takes on the male-dominated world of investing. She cites research on gender differences in investing that suggests men’s high testosterone levels makes them naturally aggressive traders, but can render them “overconfident” and prone to recklessness. Conversely, women’s natural tendency to “dig deeper, analyze more information and details” makes them more likely to outperform over the long term. While her propositions are intriguing, Lofton offers little evidence supporting her claims. After the first two rousing chapters on gender differences (buttressed by only a handful of studies), she awkwardly turns to focus on Buffett’s eight investment principles and links them—tenuously—to her premise. Her unproven arguments on gender, risk, and money are abandoned as she moves exclusively into a hagiography of the “Oracle of Omaha.” This could have been a solid investment basics book in its own right; it suffers from its provocative packaging. (July)

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