Maybe it has something to do with faith? From Financial Post: Fish on Fridays, mass on Sundays, and risky mutual fund management throughout the week. That’s what a new study from the University of Georgia and Southern Methodist University says about funds based in predominantly Catholic areas of the U.S. “You would think generating profits would be the only decision factor in mutual fund management. We found that local culture, specifically religion, actually has a significant impact on the decisions... Read more