What Sources Drive Investment Decisions? - The Big Picture
Nice visualization (based on a study by the Brunswick Group) looking at the sources of information were investors rely upon, and how that has changed over the past 20 years. There were two especially noteworthy changes: More investors were relying on professional advice in 2019 versus 2001 — 57% vs 49%. I suspect those numbers really changed in the 2010s post-GFC, as retail found it difficult to sidestep the crash and even more challenging to get back into equities. The biggest change is the ongoing rise of the internet as a resource for basing investing decisions. The big increases are ...