Lee Freeman-Shor

Lee Freeman-Shor, a behavioral investor known for his insights into investor psychology, discusses the importance of recognizing losing behaviors like 'rabbits' and 'assassins' and the critical need to cut losses early. Meanwhile, Charles Hall, a market commentator, reveals the deep-rooted structural issues contributing to the long-term decline of the UK stock market. The conversation also touches on investment strategies, including when to emotionally detach from winners and the historical patterns of market behaviors.

Lee Freeman-Shor, a former fund manager and author of The Art of Execution, dives into the intriguing psychology behind investing. He discusses the five investor 'tribes'—Rabbits, Assassins, Hunters, Raiders, and Connoisseurs—and how their behaviors can drastically influence portfolio performance. Key topics include the importance of execution over stock picking, common pitfalls like holding onto losers, and the surprising truth about investor skill versus luck. Lee emphasizes adaptability, urging listeners to refine their strategies and focus on how they manage winning and losing positions.