Financial Freedom Summit 2024

Last week, Louise interviewed Jackson Millan on the Talking Trading show. He’s known as ‘The Wealth Mentor’, and I have exciting news. He’s presenting on the GoldCoast on Oct 16th. You’re going to want to hear more about this, that’s for sure. Unlock Your Passive Income Potential: Join the Financial Freedom Summit 2024 Are you…

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Overconfidence

A vast array of cognitive biases hamstring trader performance a quick look at any list of these afflictions will offer up the following – Confirmation Bias Hindsight Bias Narrative Fallacy (my favourite) Anchoring Bias Loss Aversion Attribution Bias Overconfidence Bias But if I were to isolate one in particular, it would be overconfidence. The interesting…

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Right Conclusion Wrong Reason

The chart below from Vanguard has been doing the rounds with people trumpeting that locally listed shares outperform listed property trusts. Based on the data presented, this is true, but some have extended it to mean that locally listed shares outperform all property investments. This is not what the chart says—the chart refers to listed…

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