John Lester and Mike Ryan

John Lester is the Colorado market area manager for UBS Wealth Management. Mike Ryan is head of UBS Wealth Management Research Americas. Content in this article is derived from publications developed by UBS Wealth Management Research including the UBS Wealth Management Research Behavioral Finance Compendium Series, June 2008. For additional details or a copy of a report, please call your UBS Financial Advisor.

Wealth Management services in the U.S. are provided by UBS Financial Services Inc., a registered broker dealer offering securities, trading, brokerage, and related product and services. This publication is for information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situation and needs of any specific recipient.