Category Archives: Investment

When estimating even CFAs can get emotional

McKinsey research shows that equity analysts have been overoptimistic for the past 25 years. They have forecast, on average, nearly double the actual earnings-growth rates with their estimates ranging from 10 to 12 percent annually compared with actual growth of … Continue reading

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Investing – how not to be your own worst enemy

A great book to understand the behavioural reasons why investing is best not left to intuition is this one by James Montier -The Little Book of Behavioral Investing: How not to be your own worst enemy (James Montier)  He quotes Jeremy … Continue reading

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