The portfolios of investors just after retaining a financial advisor exhibit relatively high trading activity for restructuring to increase diversification and otherwise lower risk (
less home bias and more passive investments).
Not exact matches
These more general
biases and hurdles, along with the issue of male confusion at women's needs and problems, help explain why femaleentrepreneurs take
home a pathetically small share of venture capital —
less than 5 percent.
None the
less when this
bias is statistically factored out
home birth still comes off no worse than hospital birth.
A
home bias is when an investor spends heavily in domestic companies and
less in other (international) markets.
There's other benefits: I'm squeezing more investment themes / asset classes into my portfolio — so I end up with far
less room for individual holdings, vs. investors who focus exclusively on (regular) equities (& possibly suffer from
home bias).
[Though I suspect my underlying allocation's still
less than the average investor (who buys tech, and / or invests globally), and obviously a fraction of the insane
home -
bias allocation most US investors maintain.]
Hence, speculatively, perhaps certain proximal correlates of rearing in advantaged socioeconomic environments (e.g. more frequent and consistent exposure to supportive parenting practices and parent — child interactions; more frequent
home and school exposures to adult modeling of adaptive decision - making) favorably influence — and in their absence, impede — the assembly and long - term functionality of brain systems supporting top - down or regulatory control functions that, in turn,
bias individuals toward
less impulsive decision - making (Hackman and Farah, 2009; Hackman et al.