When it comes to investing for newcomers, it may not be good to come out swinging. According to new research by assistant professor of finance,Yosef Bonaparte, young investors participating in markets for the first time tend to be less risk averse, overestimating their ability to beat the market. In his interview with MarketWatch, an online finance publication, Bonaparte explained how experience with bad, market related events erodes overconfidence over time, causing experienced investors to be more risk averse than their younger counterparts. Read more