A Little Financial Data is a Dangerous Thing

Taha Havakhor, Professor of Information Systems at McGill University’s Desautels Faculty of Management, studied how retail investors used data from a financial APIs to inform their investment decisions.What he found was striking. When using stock pricing data pulled from an API, consumer investors were prone to making riskier investment choices.He tells us why in the latest episode of the McGill Delve podcast.-Full study: https://pubsonline.informs.org/doi/full/10.1287/mnsc.2021.01379More from McGill Delve: delve.mcgill.ca-This episode of the McGill Delve Podcast was hosted and edited by Eric Dicaire. Saku Mantere is McGill Delve's editor-in-chief. He also produced all the original music.McGill Delve is the official thought leadership platform of McGill University’s Desautels Faculty of Management. Subscribe to the Delve podcast on all major podcast platforms, including Apple podcasts and Spotify, and follow Delve on LinkedIn, Facebook, Twitter, Instagram, and YouTube.Explore the podcast Hosted on Acast. See acast.com/privacy for more information.