In this month’s commentary, we reflect on why the phrase “this time it’s different” remains a cautionary tale in investing. Market events, whether booms or busts, often trigger emotional reactions that lead investors away from their long-term strategies. By understanding the cognitive biases and social influences driving these behaviours, investors can better avoid costly mistakes even when faced with the inevitable Wall of Worry.
Aliwal Road Group services include Accounting & Tax, Auditing, Investments & Life Assurance and Wills, Trusts & Deceased Estates
