Investor behaviour is often ascribed to fear and greed. We’re fearful as prices fall, the theory goes, so we sell to stem our losses; and we’re greedy as they rise, so we buy to maximize our gains.
Rise or fall – don’t let fear guide your investing behaviour
Hardly a week goes by without more reports detailing quite how hopeless UK fund managers are at managing our investments. Last weekend’s money sections featured so many such stories that surely readers must be starting to question the wisdom of paying so-called ‘experts’ exorbitant charges to buy and sell shares on their behalf.
Dog days for fund managers