There may be an ‘obesity effect’ on your investments
Market Watch, December 27, 2016
Your physical attributes could have an impact on your participation in financial markets, according to a study of nearly 40,000 people entitled “Stature, Obesity and Portfolio Choice” recently published in the INFORMS journal Management Science. “Specifically, we find that individuals who are relatively tall and of normal weight are more likely to hold stocks in their financial portfolios,” the authors found. The relationship is one of correlation rather than causation, as is often the case with such studies, and experts point to a far more complex relationship between lower income families, access to education and, often times, more expensive fresh food.
