Kahneman: better decisions make world a better place
In an interview with Investment Officer, Nobel Economics Prize winner Daniel Kahneman, speaks about making decisions. His theory, which also holds value for the financial sector, has demonstrated that our decisions are often flawed, biassed and inaccurate. “If people made better decisions, the world would be a better place.”
A rerun of the 1970s requires a profound rethink
It’s not difficult to compare today’s era to the 1970s. An energy crisis, a hot war, a cold war, persistent inflation, soaring interest rates, rising house prices. Even Abba, with its flared trousers, is performing again, albeit as a hologram. For investors, a rerun of the 1970s would require a profound rethink.