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.

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Episode notes

Intro

00:00 • 2min

Navigating Behavioral Biases in Investing Through Technology

02:24 • 3min

The Psychology of Investing

05:22 • 6min

The Evolution of Investing: Embracing ETFs for a Diversified Future

11:02 • 3min

Investor Mindset and Market Behavior Insights

14:22 • 2min

The Importance of Consistency in Investing

16:24 • 2min

Navigating Investor Biases

18:52 • 13min

Overcoming Behavioral Biases in Investing Through Automation and Discipline

32:20 • 3min

Balancing Investment Management with Personal Life

35:44 • 3min

Investing Perspectives and Financial Guidance

38:46 • 3min

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.

Matthew and Owen talk about:

The importance of understanding behaviour when investing
Matthew's story buying and holding Telstra shares
The role of technology in helping to manage biases
Common biases that impact and distort our investing strategy
How ETFs help investors stay focused on the long term
Matthew's #1 lesson for listeners

View the range of Betashares ETFs & learn more about Betashares Direct:

Website: https://www.betashares.com.au/

All funds page: https://www.betashares.com.au/fund/

Series resources

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Rask Community: https://bit.ly/3UkFWel
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100-point property checklist (PDF): https://bit.ly/prop-check
Accounting with Grey Space: http://bit.ly/3DG5lWS
Business Coaching: https://bit.ly/o-coach

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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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