Having worked for more than a decade in wealth management, I find retail investors fascinating. Talking to them is like doing your own little behavioural finance experiment every day. And one thing that you get to learn when dealing with retail investors is that most of them are supremely confident in their abilities as investors – especially if they are wealthy and have been successful as entrepreneurs or in their careers.
Heads I win, tails I don’t lose
Heads I win, tails I don’t lose
Heads I win, tails I don’t lose
Having worked for more than a decade in wealth management, I find retail investors fascinating. Talking to them is like doing your own little behavioural finance experiment every day. And one thing that you get to learn when dealing with retail investors is that most of them are supremely confident in their abilities as investors – especially if they are wealthy and have been successful as entrepreneurs or in their careers.