Emotional Intelligence and Investor Behavior
John Ameriks, Tanja Wranik, Peter Salovey
Based on a survey of Vanguard IRA and 401(k) investors, the authors show that investors who score highly on tests of emotional intelligence (i.e., the ability "to recognize and use emotions productively") tend to exhibit behaviors (e.g., the use of low-cost fund options) that correlate strongly with good investment performance.
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