Chris Dillow 

The need for discipline

Chris Dillow

Chris Dillow

Investors need self-discipline. Some new research shows this. Charline Uhr at Frankfurt’s Goethe University and colleagues studied almost 20,000 German investors and found that smokers – a group of people who lack self-discipline – earn lower returns than non-smokers because they are more likely to make mistakes such as trading too much.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now