“A wave of new scientific discoveries reveals that learning to lean into uncertainty in times of rapid change is a promising antidote to mental distress.” –Maggie Jackson, New York Times1 For many people, uncertainty is something to avoid or at least mitigate. But what about the positive things that uncertainty can bring? Without it, there would
Have you ever found yourself meticulously preparing a trading strategy, only to second-guess your decisions when it comes time to execute? If so, it’s possible that you’ve succumbed—without even knowing it—to a trading bias. Trading biases are a form of cognitive bias, a term first coined in 1972 by Israeli psychologists Amos Tversky and Daniel Kahneman to describe
“Don’t try to time the market.” This advice has been passed down often by successful investors like Benjamin Graham, Warren Buffett, Jack Bogle, and Peter Lynch through the decades. But has this mantra held up in recent decades? After all, investors boast access to more and more timely information than ever and they can trade
Emerging and frontier markets are often seen by investors as exciting and risky. In this article we try to pin down an investing universe world that spans, at least alphabetically, from Brazil and Vietnam. Organisations like the World Bank, the International Monetary Fund (IMF) and the United Nations may have slightly different methodologies for explaining
In this post I will be sharing my thoughts on the strengths that great advisers demonstrate, which some clients may deem as weaknesses. Most mature money management and financial strategies are counterintuitive and against conventional wisdom. Modern media and access to ‘free’ information is maybe our biggest threat and our client’s most destructive influence. The
Financial advisors looking to bring on new clients have a receptive audience following the recent economic turmoil — but they may need to temper some expectations, according to a recent survey. Having to face inflation has made 64% of investors see the importance of professional financial advice, Natixis Investment Managers says it found in a survey of
Financial advisors looking to bring on new clients have a receptive audience following the recent economic turmoil — but they may need to temper some expectations, according to a recent survey. Having to face inflation has made 64% of investors see the importance of professional financial advice, Natixis Investment Managers says it found in a survey of
Equity exposure can be broadly segmented by market capitalisation (small, mid, and large) and style (value versus growth). Correlations within equity groups tend to be fairly high, although small-cap stocks tend to have the lowest correlations with the broad market. In our recently published 2023 Diversification Landscape Report, however, we found there can be significant
Just over a year ago, Russia invaded Ukraine, an appalling act rightly condemned by the world. In the immediate aftermath, experts weighed the economic impacts, with many projecting sharply higher commodity prices. The prediction made sense: a Russian oil embargo would crimp supply, sending prices higher, or so the thinking held. What happened? Brent crude-oil
Technology enables immediate access to everything wherever and whenever we want it. In many cases, such as staying in touch with friends and family, or learning about world events, that’s a good thing. However, when it comes to investing and money management, my fear is that faster and easier ways of investing will allow people
