When it comes to picking stocks and beating the market, women are better, says DigitalLook.com. In a study of 100,000 portfolios from July 2003 to July 2004, the company found the average woman’s portfolio grew 10%, beating the FTSE All-Share by 3% and the average man’s portfolio by 4%.
Women’s success, the study says, is due to balanced portfolios, while men put all their eggs in one basket. Women opt for retail and banking, while men go for volatile technology and biotech.
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