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The world recently learned of the passing of Daniel Kahneman, the psychologist who revolutionised economics, along with Amos Tversky and other collaborators.
Any adult who has embarked on a journey with a young child is undoubtedly well-acquainted with the infamous question, “Are we nearly there?” During a recent road trip, my five-year-old posed this question no less than ten times - the initial query occurring just a few minutes into our two-and-a-half-hour drive.
Warren Buffet’s favourite holding period for a stock is “forever”, but even he acknowledges there are valid reasons for selling a stock. Deciding when to sell a stock is something both professional and retail investors grapple with. In fact, it’s accepted wisdom that it is psychologically easier to buy a stock than to sell one.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?