For many investors, 2025 intensified the behavioural pressures that shape investment decisions. Markets reached record highs, even as global growth slowed and political tides turned across major economies. Amid these contrasts, investors and advisers were reminded just how crucial it is to manage behaviour. Falling prey to inherent behavioural biases and knee-jerk reactions when markets shift are well-known ways to hinder performance and erode returns.
In the latest episode of The Allan Gray Podcast, portfolio manager Tim Acker is joined by leading behavioural finance expert and author Dr Daniel Crosby. They explore habits and hacks that personal and professional investors can employ to navigate volatile markets, avoid cognitive traps and enhance their long-term investment success. Listen to the 49-minute episode below.