Intersting analyses...and some open doors...lots of the drivers of underperformance should be able to be taken away in case of ROBO advisors...assuming younger investors are open for input and advice...
Younger investors take the most risks. It's generally accepted that younger investors, who have more time to let their money ride out the market waves, have a higher tolerance for risk than their older counterparts. New data from investing app Openfolio found that investors under age 25 are taking full advantage of this truth. By analyzing the investments of 2,500 hundred of their user profiles, Openfolio found that the youngest investors are indeed taking more risk ... but they don't have much to show for it.
http://uk.businessinsider.com/young-people-risky-investors-2014-12?r=US
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