Behavioural finance

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Blog

16AUG 2019

Why value investing works – in a single chart

Why does value investing work? The answer can be found in one chart – and here is a thousand or so words on what that picture is worth to value investors

2019

JUNE

20JUN 2019

Blog

Base rates and countering ‘tilt’ – With Annie Duke, Part 2

The Value Perspective recently had the chance to chat with author and retired US poker player, Annie Duke, in the second of three resulting articles, we discuss the importance of base rates and how to counter being ‘on tilt’.

MAY

31MAY 2019

Blog

The instinctive biases investors must beware – Part 2: Cognitive errors

The many behavioural biases hardwired into the human brain that investors need to beware of split roughly into ‘emotional biases’ and ‘cognitive errors’. Here we run through the principal examples of the latter

28MAY 2019

Blog

The medical advice all value investors should follow

With medical students just as prone to behavioural biases as anybody else, a couple of pieces of advice doled out to budding doctors should be of interest to investors too

21MAY 2019

Blog

The instinctive biases investors must beware – Part 1: Emotional biases

The many behavioural biases hardwired into the human brain that investors need to beware of split roughly into ‘emotional biases’ and ‘cognitive errors’. Here we run through the principal examples of the former

03MAY 2019

Blog

Tiger, Tiger – should these bets have been burning bright?

April proved quite a month for not one but two sporting Tigers who had set out to confound history in their respective fields – and it was not a bad month either for those who chose to back them at the bookies

02MAY 2019

Blog

What does this monkey business tell us about human investors?

A US psychologist’s experiments with capuchin monkeys offers further evidence humans should look to invest in a way that strives as far as possible to remove emotional and instinctive biases from the equation

MARCH

08MAR 2019

Blog

All investors must learn to accept uncertainty as a fact of life

Today being International Women’s Day, we republish a piece inspired by US poker player and author Annie Duke, whose book Thinking in Bets aims to help us feel better about uncertainty and so make better decisions