Investment psychology – Part 1

“Science does not know its debt to imagination” -Ralph Waldo Emerson Dopamine – what does this have to do with investing? Much research on brain functioning is done in the  area of risk and reward.  What is interesting is that there is a physical reaction in the brain...

Navigating the Storm

Picture this: it is the late 1800’s. You are the captain of a sailboat travelling along the trade routes of India, when the skies start changing and the winds start picking up. You know the challenge you are about to face: navigating in a storm. As the waves bash...

Why Cash can be the Riskiest Asset of All

Every investor would have heard of equity and listed property referred to as ‘risk assets’. They would also have seen a graph which shows the relative risk of different asset classes, with cash at the bottom as the ‘lowest risk’ and equity at the top as ‘highest...

Ulysses and the Sirens

Ulysses and the Sirens is a 1909 oil painting by Herbert James Draper. It depicts an episode in the epic poem, Odyssey, by Homer in which Ulysses (Odysseus) is tormented by the voices of Sirens. They sang an enchanting song that normally caused passing sailors to...