The loudest and the most recent information clouds our judgement - even professionals fall for it. How do you correctly weight what you see and hear?...
Politicians are adept at claiming credit for work done by their predecessors, or even for plain good luck. Share markets can be deceptive too, with similar consequences - the truth ultimately prevails....
Hot tips are no better in the sharemarket than they are at the race track. They are best treated with suspicion - what does your tipster know that other people don't? Like much free advice, tips may be of dubious value....
Some of us would love to be investors - what holds us back is temperament. We can't change who we are, but we can learn to anticipate our behaviour and keep our impulses at bay....
There are times when great investment opportunities are as plain as they appear. We tend to expect complexity, so we find it hard to accept that the market sometimes throws up extraordinary bargains. Don't look a gift horse in the month....