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moneysense.ca, 10/12/12
Why kids are great investors
Are kids really more intuitive or are parents using them as proxy investors?
A new study reveals a surprising fact about children with brokerage accounts: they are extremely successful at picking stocks. The results are largely due to Mom and Dad, say academics Henk Berkman, Paul D. Koch and P. Joakim Westerholm in their upcoming Journal of Finance study. These kids’ parents tend to be wealthy, knowledgeable investors who want to share their best ideas with their offspring. But there’s a more sinister reason why these kids do so well: some parents have access to privileged information and use their kids’ accounts to “camouflage” insider trades. But be warned: now that the academics have spilled the beans, the regulators could come a-knocking.
moneysense.ca, 10/12/12


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To be honest, this is just another example of over 'passionate?' parents. Much the same can be said about sports, screaming parents attempting to live their dreams via their kids.
Accept this sort of thing careers much worse consequences e.g. jail time! It's crazy but in the UK we had a soccer manager put his dogs name down for tax purposes.
What an interesting story. I just hope this is not very common thing in families today. I mean, it's not very good example for the kids…
hi ,its really good news for parents ,from now they don't worry about the child future if child are the masters in financial decisions.
That's pretty pathetic that some people are using their children to shield their insider training.