behaviour

Before my career as a behavioural economist, I worked in the arts. We were in the last two weeks of rehearsals for a major theatre production of Romeo and Juliet and a heated argument broke out between three key people about how the director wanted ... More

Over the course of this year, many Australians have seen volatility in global sharemarkets as a buying opportunity. And many of those who have been active look different to past investors. The face of investors is changing, driven by a combination of ... More

Peter FitzSimons is a journalist, columnist, radio and television presenter. He is also a prolific author with more than 30 published books, all centred on very Australian subjects. His latest title, Breaker Morant , portrays the soldier whose story ... More

There is an old saying when it comes to investing that you can't buy yesterday's returns. In essence, this means that if an investment rises in the previous year and you don't own it, then you missed out. That said, I believe it also means you can't ... More

Don't throw good money after bad money. It's an idiom we've all heard before, but what does it mean? It can apply to a lot of things. One of them is the sunk cost fallacy: the tendency to stay the course simply to justify a previous investment ... More

While the allure of day-trading is more prevalent than ever, investors may be better advised to embrace volatility for long-term wealth accumulation and steer away from short-term trading. Accessible trading platforms and live streaming data, together ... More

Instagram feeds of perfectly-styled rooms and expensive renovations are putting pressure on homeowners to keep up with the Jones - or this season's contestants on The Block. And it's leading to financial and emotional stress, according to behavioural ... More

One of my clients retired at 50 to become a full-time trader, hoping he could shrug off the rat race and the typical work-sleep-work life. Fifteen years later he is still "retired" and still trading full time. Now he calls it what it turned out to be ... More

Melbourne-based Sally Flower is a wellness coach and the founder of Home Sanctuary. She studied under the decluttering expert Marie Kondo to become an accredited KonMari consultant. She now flies around Australia helping clients clear their homes while ... More

Virtually all investors will tell you they prefer companies that are "well managed". But dig a little deeper into the topic and things quickly get murky, complicated and subject to opinion. Let's contrast two companies with a similar number of employees ... More