Boardroom Talk
Boardroom Talk: How odds of making money in the share market eventually rises to a guaranteed 100%.
Alec Hogg writes on the share market and psychology of money - the power of time in the market, not necessarily timing the market.
By Alec Hogg
Ahead of BNC#5, Piet Viljoen sent me the covers of a few books he would be recommending. So, on my travels, I bought a copy of The Psychology of Money by Morgan Housel and quickly saw why the 238-page best-seller enthralled our keynote speaker.
Here's a taster. In Chapter 11, Housel explains the difference between 'Rational' and 'Reasonable' investors – and explains that whichever one you may be, commitment is critical to achieving the objective of making a profit.
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