Investors today have more knowledge than any prior generation, however there remains a chasm between knowing and doing. Our behavioural biases hold us back. Thanks to 50 years of research, we also know in theory how to control our biases. Yet still we fail. No matter how much economies, markets and technologies change, human biases and the difficulty overcoming them remain. Acknowledging we are all biased, because we are all human, is the first step to better decisions. Being mindful of uncertainty, over-confidence, incorrect beliefs, unchecked errors, and the personal risk we face when trying to differ from the crowd are just a few of many steps we can take on the path to more sustainable behavioural alpha. - Longwave Capital's David Wanis. Earn 0.25 CE/CPD hrs on Portfolio Construction Forum