Insights categories - Personal investing
Video
Personal investing

Avoid common behavioural biases when investing

Poker is known as a wicked environment: a setting that is dynamic and uncertain; where things are hidden, and you don’t always have all the information on hand. However, the game of poker is a great learning opportunity – especially for investors who have to make decisions in a similarly “wicked environment”.

At the 2019 Allan Gray Investment Summit, Maria Konnikova, a psychologist, author and writer for The New Yorker, discussed key learnings from her time as a professional poker player that could help investors improve their outcomes. 

In the short clip below, she discusses common fallacies that are present in poker and investing with useful advice on how to avoid falling into these behavioural blind spots.

Select a site

The financial services, products or investments referred to on this website are not available to persons resident in jurisdictions where their availability or distribution would contravene local laws or regulations and the information on this website is not intended for use by these persons. This website is for information only and does not in any way constitute a solicitation or offer by Allan Gray Proprietary Limited or any of its associates or subsidiaries (collectively “Allan Gray”) to buy or sell any financial instruments or to provide any investment advice or service.

By selecting one of the countries below I confirm that I have read and understood the above and that:

(a) I am not a South African citizen; or 
(b) I do not reside in the Republic of South Africa; or 
(c) I am not otherwise a person to whom the communication of the information contained in this website is prohibited by the laws of my home jurisdiction; and 
(d) I am not acting for the benefit of any such persons mentioned in (a),(b) and (c) and 
(e) I confirm that any investment with Allan Gray is based on my own initiative and not due to any offer or solicitation by Allan Gray.