Klontz et al. (2015) found that high-net-worth individuals are more likely to display overconfidence by believing they are better-than-average investors and admitting to having made one or more investment mistakes.

Authors

• Person: Not available Organization: Journal of Financial Planning
  An Exploratory Study of the Wealthy's Investment Beliefs ...

Sources

• An Exploratory Study of the Wealthy's Investment Beliefs ... www.financialplanningassociation.org Journal of Financial Planning via serper

Referenced by nodes (2)

• high-net-worth individuals concept
• overconfidence bias concept