Day: March 9, 2024

EP 113: The Wealth Creation Show: The Importance of Behavioural Finance (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/EP-113-The-Wealth-Creation-Show-The-Importance-of-Behavioural-Finance-e2guh02

 

Behavioural finance combines elements of psychology and economics to understand how cognitive biases and emotional factors influence financial decision-making.

Investors should ideally make rational decisions solely based on maximising their wealth, but behavioural finance recognises that human behaviour can deviate from this rationality.

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