Matthew Fish, Head of Product at Betashares, joins Owen Rask on this Australian Finance Podcast episode to talk about the power of technology in combating behavioural bias.
Matthew Fish is the co-founder of FirstStep Investing, an educational and fractional investing platform which was acquired by BetaShares and later became Betashares Direct.
List of podcast talking points
- Why is it so important to understand our behaviour as people who want to manage their money better?
- What is your favourite behavioural finance story or lesson you can share from your own investing experiences?
- How do you see investor behaviour playing out with your ETFs? For example, does a scary news headline result in behaviour-driven sell-offs?
- How do you respond when someone says, āitās a bad time to investā or āIām waiting until the market falls to invest’?
- What are the most significant behavioural biases that impact us as investors?
- How do we know if weāre falling prey to biases? Is it possible to circuit break ourselves before we make a potentially costly mistake?
- What tools can we use to combat our behavioural biases?
- Automation?
- ETFs?
- What would be your number one takeaway for listeners from this episode?