Great point about male tinkerers. Creating temporary inefficiencies, due to male egos causing decisions/ strategies that (particularly) in hindsight will be understood to be irrational.
Just a postulation but I believe that two related factors in the past decade and a half or so have contributed to the length and process which you referred to in your article:
The first would be that the percentage of stock market participants who are retail traders has increased from 10% to 25% during that time.
The second would be that the overall percentage of the population which participates in both investing and trading,which is an important distinction to make, has jumped dramatically with the advent of cellular phone use and the ability to trade on the go.
Handsome dude. Dam that testosterone. Good listen: https://www.audible.com/pd/The-Hour-Between-Dog-and-Wolf-Audiobook/B0089XGXYM?ref=a_library_t_c5_libItem_&pf_rd_p=80765e81-b10a-4f33-b1d3-ffb87793d047&pf_rd_r=SMRR13QJC141JCVJZ4SA
Great point about male tinkerers. Creating temporary inefficiencies, due to male egos causing decisions/ strategies that (particularly) in hindsight will be understood to be irrational.
I saw a psychological study about that years ago. Can't place it but remember the conclusion
Just a postulation but I believe that two related factors in the past decade and a half or so have contributed to the length and process which you referred to in your article:
The first would be that the percentage of stock market participants who are retail traders has increased from 10% to 25% during that time.
The second would be that the overall percentage of the population which participates in both investing and trading,which is an important distinction to make, has jumped dramatically with the advent of cellular phone use and the ability to trade on the go.