Trading in twilight: sleep deprivation makes you a worse investor

“We test whether mental alertness, as proxied by sleep disruption, impairs investor trading performance. Using four complementary approaches, we document that retail investors who experience a later sunset time on average earn lower abnormal returns on their trades.”

Trading in twilight: sleep deprivation makes you a worse investor

“We test whether mental alertness, as proxied by sleep disruption, impairs investor trading performance. Using four complementary approaches, we document that retail investors who experience a later sunset time on average earn lower abnormal returns on their trades.”

https://www.nber.org/papers/w33477

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

Is there anything that sleep deprivation will make me better at besides hearing the voices in my head more clearly?

Hi, I’m Jack.🤷‍♂️ chronically unserious, cautiously cynical

That’s about it. The Zizian cult that went all crazy was fucking with their sleep and I personally suspect it was a huge driver of their nonsense