Brad Barber and Terrance Odean, who have written widely on ‘behavioural finance,’ share their view on why women fare well in investment decisions. As compared to men, women trade les often and do not hold volatile stocks. This contributes to another field where women are a step above men.

According to a research done in the year 2001, women do not act upon a situation if they do not feel confident about it. Men, on the other hand, are swift to take decisions, even in the absence of full information.

As stated in Dan Abrams’ book, ‘Man Down: Proof Beyond a Reasonable Doubt That Women Are Better Cops, Drivers, Gamblers, Spies, World Leaders, Beer Tasters, Hedge Fund Managers, and Just About Everything Else,’ women surpass men with respect to hedge funds. The book states how women produced an average annual return of 9 percent during the period of 2000 to 2009, while men generated only 5.82 percent. This data is phenomenal as 97 percent of hedge fund managers comprise men. Abrams calls women to be considerate and risk-aversive, while men tend to be over-confident and self-destructive. He also advices investment firms to have more of women in top positions to steer investment decisions.