High Net Worth Investors: We’re Goooood!

Typical of most such studies, but always amusing to see, a new Forbes study accidentally shows investors are as delusional as ever. Why? Because most of the high net work investors who responded think their portfolios outperformed the market:

fin-performance

Lots more fun stuff in the rest of the report — including that the same respondents think their real estate investments are doing fine — so go on and read the whole thing.

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Comments

  1. Mike OConnor says:

    Interesting to note Paul that 53% of the supposed “high net worth” respondents had less than 1 Million dollars in investable assets. I would be shocked if that didnt skew the results somewhat.

  2. Yes, meant to comment on that as well. Was a very loose definition of high network, one more skewed to income than anything else.