Market Indicators
- JSE All Share (ALSI) 85,384.82
- Rand/Euro R 19.18
- Rand/Pound R 22.72
- Rand/US Dollar R 17.67
- Rand/Aus Dollar R 11.57
Wall of Worry
In this month’s commentary, we reflect on why the phrase “this time it’s different” remains a cautionary tale in investing. Market events, whether booms or busts, often trigger emotional reactions that lead investors away from their long-term strategies. By understanding the cognitive biases and social influences driving these behaviours, investors can better avoid costly mistakes even when faced with the inevitable Wall of Worry.
