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

luckily for crypto traders, being mentally impaired might actually be beneficial

Farcaster-native research: https://paragraph.xyz/@matthewb | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

I mean this earnestly by the way, you can’t be sane and simultaneously think fartcoin at a $200 million USD valuation is the buy of a lifetime yet in retrospect it was a clean liquid 2-3x for anyone paying attention