ALLAN GRAY – The behavioural gap: Beware of the cost of emotional decision-making in investing
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GUEST - Mthobisi Mthimkhulu, senior manager of the Private and Direct Clients team at Allan Gray
As the adage goes: “Sometimes we are our own worst enemy.” This sentiment is especially true when it comes to long-term investing since behaviour is among one of the leading factors that hold investors back from reaching their financial goals. Amid an environment of heightened uncertainty and a world where instant gratification is king, it can be difficult not to get distracted by the lure of short-term gains or not allowing our emotions to drive our investment decision-making.
But, taking a long-term view of your investments and staying the course can give you the edge to achieve better investment returns over time. Mthobisi Mthimkhulu, senior manager of the Private and Direct Clients team at Allan Gray, joins Kaya Biz to discuss the long-term cost of making emotionally driven decisions in investing.
As the adage goes: “Sometimes we are our own worst enemy.” This sentiment is especially true when it comes to long-term investing since behaviour is among one of the leading factors that hold investors back from reaching their financial goals. Amid an environment of heightened uncertainty and a world where instant gratification is king, it can be difficult not to get distracted by the lure of short-term gains or not allowing our emotions to drive our investment decision-making.
But, taking a long-term view of your investments and staying the course can give you the edge to achieve better investment returns over time. Mthobisi Mthimkhulu, senior manager of the Private and Direct Clients team at Allan Gray, joins Kaya Biz to discuss the long-term cost of making emotionally driven decisions in investing.
