Feeling apprehensive? That's good.

Certainly uncertain

Ever been put off by the overconfident sales person who expresses complete certainty about everything? 

I don’t just mean car salesmen or real estate agents. We can include many a transaction-based dialogue, from insurance brokers to shop assistants. Early in the year, otherwise respected market commentators turn to flawed futurism as they come under pressure to forecast what’s ahead.

I prefer those who are confident but also realistic. It turns out most people do.

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Investment and life

Too much info, too much fear.

Got enough information? There’s plenty available. Search any idea and you’ll be overwhelmed in seconds. Little will be relevant; a lot will be rubbish.

It’s dangerous stuff.

Decades ago MIT professor, Paul Andreassen, asked two groups to trade an identical investment portfolio. One got minimal information, the other had loads of it. The former easily outperformed the well-informed latter. Information overload can curb performance.

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