Behavioural Biases
‘You’re only as good as your last performance’… not strictly true. Even if you fluffed whatever you do for a living on your last outing, that’s no reason to use it as a yardstick for your ability. Equally, if you smashed it, but had a run of average performances before that, your latest experience isn’t necessarily the best predictor of future performance.
VIEWAhead of the Curve
There’s a pattern here… if you’ve been following our series on behavioural biases and how to combat them, you’ll know that for the last 15 weeks, we’ve published the latest update regular as clockwork. If you’ve opted to subscribe to emails, then once a week, every week, there’s the next instalment sitting in your inbox.
VIEWBehavioural Biases
So far in our series on behavioural biases, we’ve looked at many of the ways our brains keep us on the right track in life, but derail us when it comes to our investments. It’s our brain’s job to get us from the cradle to the grave with as little damage as possible, so we’re all subject to certain instinctive behaviours that have evolved to keep us on the straight and narrow.
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