Behaviourals 2019

Question 1

Weakness

Answer 1

• Stubborn
• One mans stubborn is another’s discipline
• In finance, this is hard to determine ex ante
• This depends on the situation,
• Stubborn because facts support your opinion and done the hw required, you have the right to be stubborn and the obligation to stick with your idea
• Stubborn because ego and don’t want to take the loss, fear of looking stupid
Need to have risk controls in place to prevent you from averaging down to the point you own sears.

Question 2

Strength

Answer 2

Curiosity and desire for improvement

As a kid, i constantly peppered my parents with why’s

I think its because i’ve always had the urge to understand why things are the way they are.

I always challenge myself to go to bed smarter than when i woke up.

this is what appeals to me about finance.
Contasntly having to learn, adapt and test and change your views.