Behavioural Finance with Simon Russell

I recorded a behavioural finance conversation with Peter Bell from Bellmont Securities about how some risks are more salient than others, and the potential benefits of accepting the salient risks that everyone else fears. We discussed the Amazon effect, the corona virus and, when it comes to financial forecasting at least, why Bill Gates is probably wrong. The recording is relevant for financial advisers and investors.

I recorded a conversation with Julian Morrison from Allan Gray about the impact of social influence on investors and markets. We discussed the best way to get out of a room with a suitcase filled with cash, how to avoid the "winner's curse" and the need for "second order thinking". The recording is relevant for financial advisers and investors.

I recorded a short conversation with Daniel Grioli about how investors, advisers and super funds can use framing techniques. Topics covered include a) why being an institutional investor creates some framing problems that other investors can avoid, and b) the ways clients' decisions can be reframed to help them make better decisions.

Catherine Birchall from Money101 recorded a 12-minute interview with me on why many traditional approaches to financial education don't work, and how super funds can use behavioural insights to enhance their financial literacy campaigns. Among other things, we discussed approaches to overcome the problem of knowledge decay (ie that people forget stuff quickly) and how to help members join the dots from knowledge to action and outcomes.

The interview is relevant super funds, but also for other people who seek to provide financial education their clients, members or employees.