Ted Richards in Podcasts
personAustralian professional footballer and former AFL superstar known for his sports career and current involvement in finance and investing.
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He had this book when he narrated, I think it was the Intelligent Investor, some anniversary edition.
So instead of having to do up a budget, they've kind of just got the bank accounts and automated payments.
Complicated portfolio where on the other side of the trade, you've got professionals.
It's a very complicated portfolio.
There's the system one way of thinking, which is quite automated.
And a decision that could have been made 10 years ago to, I don't know, maybe just ensure that they're invested in the right super fund or maybe just to get a second opinion on some of the fees that they're paying.
I guess confirmation bias is not something that's only limited to investing, but that is a mistake people get where they form an opinion about something and that might be that they're a great stock picker or that...
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