Sunday 12 Jan 2025
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Advisers have a therapeutic and educational role. But I do not believe that advisers are able to give tips on the markets, which are highly irregular and unpredictable. Very few people can do that… Everybody has a sense that they know things. We keep making up stories of the world and people strongly believe those stories. But there are circumstances where you shouldn’t trust your intuition too much.

 

Daniel Kahneman
2002 Nobel Prize for Economic Science

Find out more about “Sidestepping investment blunders” in our Personal Wealth cover story for The Edge Singapore (week of June 20 – 26), available at newsstands now.

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