Acuity 37: These foolish things...

How confident are you in your ability to invest sensibly? 

We are all prone to making mistakes when investing; not because we are foolish, but because we are human. It does appear that a switch inside even the most sensible person seems to flick when we begin to think about the markets, and rationality disappears in a cloud of emotion.

This volume of Acuity highlights some of the dangers and provides some tips on how we can attempt to behave better. In short, the answer lies in adopting a disciplined process.