@lingskevin, chief economist from @STANLIB believes it’s time investors fall out of love with local equities. To get more insight from this year’s #AllanGraySummit, visit: https://t.co/HVScow9AkS
There can be great upside for those willing to invest in Africa ahead of the herd. Watch Nick Ndiritu’s presentation at this year’s Summit for more insight: https://t.co/HVScow9AkS
https://t.co/DzjPoDcQri
Trending at no.8 #SAfmSoundAwake: Delegates at the Allan Gray Investment Summit in Sandton, north of Johannesburg, have heard that South Africa still presents attractive investment opportunities despite the tough economic environment. #AllanGraySummit2019#sabcnews
Delegates at the Allan Gray Investment Summit in Sandton, north of Johannesburg, have heard that South Africa still presents attractive investment opportunities despite the tough economic environment. #sabcnews
And that's it for the day and for the #AllanGraySummit for 2019. Thank you to those who joined us today, and tuned in via Twitter - we hope you gained meaningful insights to help you make better investment decisions.
#AllanGraySummit Another bias that is present in poker and investing is the gambler fallacy: Investors on a losing streak will hold on thinking they are due a win because they have “suffered through this for so long”
#AllanGraySummit Maria discusses another crucial takeout from poker: cost fallacy. Sometimes investors hold onto a bad asset for a long time, rather than letting go, purely because they have spent so much money on it already.
#AllanGraySummit The illusion of control is a funny thing and it happens when you are doing well in an environment of uncertainty, says @mkonnikova on what we can learn about poker from investing
#AllanGraySummit In one study, based on initial success at being able to predict a coin flip, people began to think they were not only good at predicting a coin flip, but would also get better with practice.
#AllanGraySummit This is useful for investors, because many often think they are good at probalistic thinking (evaluating potential outcomes to make the best possible decision), but we are not says @mkonnikova#Investing
#AllanGraySummit One of the things I learnt is that Hungarian-American mathematician John van Neumann was right: poker is not just a metaphor for life...