‘The trend is your friend’ psychology is driving AU equities

Peter Brooke | Platypus Asset Management | 20 February 2019 | 0.50 CE

The behavioural biases of the average Australian investor cause stocks to rise and fall. Understanding how psychological biases influence asset prices through the cycle is essential for market participants. In particular, investment professionals need a deep understanding of Behavioural Finance to be fully effective. Moreover, when conducting product due diligence the belief, biases, and be...