On fund managers, hermit crabs and decisions under stress
How creative is your investment thinking when you're stressed? Professor Mark Fenton-O’Creevy looks at nature and scientific evidence to illustrate that we may be less flexible than we think.
How creative is your investment thinking when you're stressed? Professor Mark Fenton-O’Creevy looks at nature and scientific evidence to illustrate that we may be less flexible than we think.
Jesse Livermore, the legendary investor represented in the investment classic, Reminiscences of a Stock Operator, was known for his trading and investment skill. He was also a keen advocate of self-awareness and documenting the behavioral factors that impact investment performance.
It's been found that we spend 28 % of our time reading and responding to e-mails. If you're a fund manager you'll know it can feel like even more. Tomas Chamorro-Premuzic (on our Advisory Panel) discusses some approaches to managing emails and increasing your focus.
Dr. Mark Fenton-O’Creevy and David Jones of IG Index show how academia and professional investing actually agree on the importance of managing your emotions in the course of investment decision making. They’re focused on trading here, but their points are no less relevant to fund managers – it’s worth a watch.