The 'real' truth about investments

Financial markets are complex, but there are ways for investors to make better decisions

Everyone wants definitive answers, or "the truth". This is especially the case in the investment world, where people are vying to make correct predictions about the future.

We all prefer to listen to people who appear confident about the outlook. Yet, research suggests these are the very same people we should be sceptical about. This is because the apparently "confident" forecasters are less willing to embrace that they do not know what is going to happen.

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A version of this article appeared in the print edition of The Sunday Times on July 08, 2018, with the headline 'The 'real' truth about investments'. Print Edition | Subscribe