According the author of the award-winning book Homo Sapiens the success of humankind over other species came from the ability to work together and the secret to this togetherness came from the ability to tell stories, which we could all
What does your financial adviser do for you? According to Daniel Kahneman Nobel prize winner and author of “Thinking, Fast and Slow”, financial advisers are responsible for: “The anticipation, diagnosis, and the management of client discomfort and regret.” Kahneman &
The illustration below explains how to calculate the expected return from a share or the overall market, which is represented by the straight upward sloping line in the chart and is simply the current dividend yield + expected real (above
As investors we hate ambiguity, we want certainty, which is why we dislike the idea of randomness. We want our advisors / managers to know exactly what is going on. Financial experts must speak confidently and explain what is driving
As it turns out my crystal ball really works. Unfortunately, I only realise that now after going through all my articles written in 2013 when I correctly predicted the lousy returns of the last 5 years. Of course, nobody wanted
When the stock market behaves like a yoyo it’s good to remind yourself of what a share price really is and that is a daily offer from someone to buy and / or sell you a business. If you are
The World Economic Forum published research, which shows SA to have the highest misperception score in the world in respect of people’s incorrect perception of what is going on versus reality. Like any statistic there is a risk of
Don’t congratulate yourself or berate yourself too much your choices are half chance. This is one of those great wisdoms of life, which can be applied to every aspect of your daily living including your investment successes and failures.
I would like to start this article with a fact that is not a Trump falsehood; the share market will provide investors with the best return given time. Why then does investing in the share market currently feel like a
As a 20 year old backpacker hitchhiking through Europe I had planned to run with the Bulls in Pamplona Spain, unfortunately I never made it to Spain. But thinking back as a fearless or stupid youngster this was probably a