Ulysses and the Sirens: Few Things Destroy Long-Term Investment Returns Like Short-Term Measurement

Much of my time is spent trying to help my clients make and keep to plans which have the best probability of meeting their needs, goals and objectives. Once we have crafted a strategy and a plan we meet at regular intervals to measure their progress. One of the things that we need to measure … Continue reading Ulysses and the Sirens: Few Things Destroy Long-Term Investment Returns Like Short-Term Measurement

How to pave the way for better decisions – Allan Gray

In the latest GreyIssue from investment house Allan Gray, they have penned an important piece on investor behaviour which bears reading. Quoting research from one of my favourite behavioural economists Dan Ariely, they argue that our brains are wired to make the easiest, rather than the best decisions. "When it comes to investing, we may … Continue reading How to pave the way for better decisions – Allan Gray

We all have to start this somewhere. But let’s start!

I saw this quote on a site which promotes healthy eating and it reminded me of a conversation I had with a client earlier this week about her financial planning. She was a little embarrassed about "how little she has" and intimidated about working with me to get the best financial future we can. When … Continue reading We all have to start this somewhere. But let’s start!

Ignore the “Experts” and make peace with uncertainty

How often are we taken in by the "Experts", "Gurus" and similar "Talking Heads" who are wont to be seen as seers and prognosticators? They appear on our televisions and in the newspapers that we read and are are a dime a dozen on the popular financial internet sites and will tell us that "the … Continue reading Ignore the “Experts” and make peace with uncertainty