AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Australian Finance Podcast
Tools & models to combat behavioural bias, ft. Betashares' Matthew Fish
Nov 25, 2024
Matthew Fish, Head of Product at Betashares and co-founder of FirstStep Investing, dives into the intersection of behavioral finance and technology. He explores how understanding our investment behaviors can lead to better outcomes. Matthew shares his personal journey with Telstra shares and highlights common biases like overconfidence. He emphasizes the power of ETFs in fostering long-term investment strategies, and his top tip for listeners underscores the significance of disciplined, consistent investing for financial success.
41:13
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Understanding and addressing behavioral biases can lead to more rational investment decisions and better long-term financial outcomes.
- Utilizing ETFs promotes diversification, reduces emotional reactions, and encourages a consistent investment strategy for wealth growth.
Deep dives
The Importance of Staying Invested and Diversification
Staying invested can be challenging, yet it is essential for wealth growth. A diversified portfolio, primarily utilizing low-cost, broad-based ETFs, serves as a foundation for long-term wealth. For instance, reputable ETFs like AAA, A200, and NDQ provide a range of investment opportunities from high-interest cash management to specific market indexes. This approach not only cushions against market volatility but also supports a consistent investment strategy that contributes to financial stability.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode