In this episode I chat with Michael Kemp, author of three investment books—Creating Real Wealth, Uncommon Sense, and The Ulysses Contract. Our conversation was inspired by Michael’s presentation at the 2025 Australian Shareholders Association conference, diving deeply into the quirks of human psychology and how they shape our investing decisions. Our brains are wired for survival in a prehistoric world, often leading us astray in modern financial markets. Michael pointed out that our ancestors needed to make snap judgments to avoid becoming a predator’s lunch. This instinct to form quick beliefs based on minimal evidence was life-saving back then but can be disastrous for investors today.
📈 CHECK OUT THESE INVESTING TOOLS:
🌎 Level up your investing with Sharesight, Investopedia’s #1 portfolio tracker for DIY investors. Click here to save 4 months on an annual paid plan
🌎 Life Sherpa Invest helps beginners start with confidence. Invest hassle-free now
🌎 When you’re ready to go beyond ETFs, learn from the master - Tony Kynaston’s QUALITY AT VALUE. Sign up with code SFB for a 20% discount on QAV Club plan or SFBLIGHT for a free month of QAV Light
🌎 $30 Off Seeking Alpha Premium Access - proven stock ratings, data-driven insights, and institutional-grade tools for just $269 for your first year! Try the premium plan free for seven days!
🌎 START INVESTING TODAY WITH ETORO
Hosted on Acast. See acast.com/privacy for more information.