Owen Raskovich

But yet when it comes to investing in shares, many people are kind of operating in system one.

The head's just going round and round and round making decisions.

Yet when it comes to property, most of us, I hope, would make a decision with less emotion.

And more, I guess, critical thought.

And that's how most good investors operate.

In my time researching these investors, researching what they do and how they came to be, who they are and so successful financially, they tend to spend the majority of their time in system two.

And the only way that you can push your mind to think more critically and I guess consider all of the consequences to your decision making is to be in system two or level two.

And the only way you get there is with high amounts of emotional intelligence and knowing what your monkey brain is telling you what to do and kind of disregarding that.

There are certainly times when level one thinking is important, most of your day for example, but there are times when level two is more important and that's worth investing in my opinion.

So that went deep and it went deep.

Pretty quickly.

I mean, we're about 30 minutes in.

But if you've sat through this, it means you've got through the five things about finance and investing I wish I knew.

Kate isn't here with me today, but she will be.

At least she's told me.

I have it on good authority that she will be with us at the event at the end of this month.

So, a reminder for anyone that is in or around Melbourne...

On the 29th of January, 2020, at 6 p.m., we will be hosting the first ever Australian Finance event.

Australian Finance?

Well, not first.