The behaviour gap – Investor’s tendency to back winners and run from losers
The behaviour gap – Investor’s tendency to back winners and run from losers
Article written by Mark Donnell, Portfolio Manager
Lighthouse Funds
Successful long-term investing is as much about managing emotions as it is about managing finance.
Equity funds tend to achieve their returns in waves. They have upswings and downswings, but over the long-term equity markets have a strong track record of positive returns. We liken it to the waves on a beach with an incoming tide – over time each successive wave inches further and […]
