Interesting study of the effectiveness of investing courses like those offered in most colleges. People who take them have actually done worse with their money than those who never took a course.
That doesn't surprise me. I presume those who haven't studied investing stick with cash in the bank which has done far better than stocks since 1999.
I suppose it's like people who have taken an intro course in Karate. They learned just enough to get their brains beaten out. Better that they used that time to train for running (away).
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