Welcome to the 39th SHARE TALK’s CONKERS’ CORNER recorded on 14th December 2016. In this interview I have the pleasure of speaking with Dr. Daniel Crosby @danielcrosby, the New York Times awarding winning author, behavioural finance expert and sought after thought leader on market psychology. He is also the founder of Nocturne Capital. Dr. Crosby created the sentiment and valuation measures that serve as the overlay for Nocturne’s tactical strategy. His ideas have appeared in the Huffington Post, Think Advisor and Risk Management, as well as columns for WealthManagement.com and Investment News.
Psychologist Michal Kosinski developed a method to analyze people in minute detail based on their Facebook activity. Did a similar tool help propel Donald Trump to victory? Two reporters from Zurich-based Das Magazin (where an earlier version of this story appeared in December in German) went data-gathering.
Andre Minassian, CEO of Clever Games and Stock Market Analyst, comments on Mr Trump’s effect on Markets, Oil prices and Gold. Is the Bull Market going to continue? Are we expecting a mini crisis or a correction? He also shares his views on the best companies to invest: his recommendation is to go for “safe bets” and stay with blue chips stocks: Anglo American, Rio Tinto, Glencore and BHP Billiton.
Chris Bailey, Fund Manager and Founder of Financial Orbit Limited, believes 2017 will be an opportunistic year. Macro-volutility with Brexit and US uncertainty, together with a lack of dispersion in the stock market and stock level opportunities create an interesting backdrop for active investors. Sector anarchic and differentiation is needed. Look for companies with loyal costumers, strong balance sheets and a market position that can be sustained. Cho0se gold over bitcoin. Ultimate, Bailey predicts that the Pounds will go up against the US dollar, the Eurozone will be ok and emerging markets will be really interesting.
Today’s post is a profile of Guru investor Paul Tudor Jones, who appears in Jack Schwager’s book Market Wizards. His chapter is called The Art of Aggressive Trading.
This article is part of our ‘Guru’ series – investor profiles of those who have succeeded in the markets, with takeaways for the private investor in the UK.
You can find the rest of the series here.
This is Part 3 in the Series – if you have not read the first 2 parts, I recommend you go right to the bottom of this Blog and you will find links to them – read those first or it probably won’t make a whole load of sense (ok, I will concede that it might not make much sense even after that !!)
I think it is worth , regularly considering your actions and whether they are helping or hindering your progress. As such here are 10 behaviours that I will be looking to improve over the next few months.
That said many of these are areas I have been working on for some time – It is a journey not a destination.