The Finance Breakfast Club

Topics to Include:

• Theoretical economics, and how our minds can be tricked by intuitive reactions to certain things, which in economic terms can be referred to as framing.
• Why we might have hyper negative reaction to losses when it comes to investing our money, and how to recognise these patterns.
• Why someone might therefore place more emphasises on losses than to similar equal size gains - often known as loss aversion.
• Investor Paralysis. It is well documented for example that once we have lost money once due to a bad investment for example, loss aversion becomes more evident. Investor paralysis now sets in and might cause us issues later on.
• Inertia – I.e Lack of will! People hear what you say, and even agree with your concept, but instead decide to put it off until well into the future.
• How a few key phycological principles can help dramatically improve people’s financial outcomes.
• The difference between our intuitive & reflective minds, and how this can shape our decision making process with our investment strategies.