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Chanticleer

Know your biases? Take our test to see how they’ll cost you

GMO’s head of asset allocation, James Montier, says understanding how humans make decisions can help investors avoid common traps. 

Here’s a little test to get your brain firing on all cylinders.

First, consider the following question: Jack is looking at Anne, but Anne is looking at George. Jack is married but George is not. Now, answer this question: Is a married person looking at an unmarried person?

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/how-your-brain-hurts-your-investment-returns-20230425-p5d34g