We're only human   

Last week psychologist Daniel Kahneman passed away, aged 90. Kahneman, alongside his Israeli compatriot Amos Tversky, pioneered the study of behavioural economics. The pair explained how people’s decision-making is not completely rational and how it’s affected by biases and heuristics (mental shortcuts that are hardwired into our brains). These biases and heuristics are extremely useful for navigating everyday life, but unfortunately, they are less helpful when it comes to successful investing.