Financial Advisor
Warren Buffett reckons to be a good investor “All you need is emotional control and the temperament to avoid self-destructive behaviour”. If that is so, why is it so difficult for the average investor? The problem is we are intuitively
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 &
I found myself on the opposite side of the desk last week requiring medical advice for a minor surgical procedure. The doctor discussed the procedure with me detailing exactly what was required and a week later I was booked into
A recent overseas study indicated that 50% of people did make use of a financial adviser. The reason given was a mistrust of the profession with most potential client choosing no advice over bad advice. Another study commissioned by Vanguard
Sometimes I wish I had listened to my Mom and studied medicine. She figured I would make a cute doctor, which I am not sure is reason enough to have become a doctor, but moms usually know best. That said
The following extract was taken from an article by Gerda van der Linde Executive Director Institute of Behavioral Finance: “Capital preservation remains a vital ingredient and a major concern for investment strategy over the short to medium term, not taking
The recent white paper on retirement reform has prompted many financial advisors to try and qualify / quantify their value proposition in order to substantiate their fees. However financial advice is not a simple commodity, which can be compared, priced
The latest edition of Noseweek carries a story titled, “BUBBLE TROUBLE. A South African economic meltdown is imminent, warns the analyst who forecast the last global financial crisis”. The problem with sensationalist journalism / predictions like this is that the
At the risk of committing career suicide I would like to admit the following. I have no idea the affect Ukraine will have on our share market over the next few months…….. I can hear the response “What! You don’t
One of clients used an aeroplane analogy in describing the management of his investment portfolio. He considered himself to be a passenger on an aeroplane being flown by the asset manager with my role, as his adviser, as steward. This