You are viewing:-
you're reading...
0.General, 1.Market Observations, 2.financial advice, 2.share trading, 2.Strategy, 8.Was Sticky

26 Aug 2015 (AFR) – Tips for coping with ‘the uncertainty of extreme volatility’ – If you can’t take the heat get out of the kitchen

[COMMENT: The content of this news story (on cognitive biases) is highly recommended reading. But make sure to read the factual content in the context of the news article, and be careful not to accept this as financial advice.]

(26 August 2015, AFR, p22, by Jeremy Chunn )

‘When markets are struck down violently and suddenly, as they were early this week around the world, no one who holds growth assets should be surprised. Investors who say they have the stomach for risk now have a better idea what risk is. Instead of panicking or becoming paralysed with fear, investors should attempt a “cognitive reframing”, behavioural finance specialist Simon Russell says.’

Read more at AFR.com (might need AFR login access).

Also read more about Simon Russell (Behavioural Finance Australia) and cognitive biases.

 

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: