If you ever watched Star Trek as a child you will doubtless recall Mr Spock. Famously portrayed by Leonard Nimoy in the original series from the late 1960s, Spock is one of the most iconic and enduring characters in science fiction.
Half-human and half-Vulcan, Spock had a distinctive appearance, with pointed ears and raised eyebrows. This mixed heritage often made him a figure of internal conflict, balancing human emotion with Vulcan logic and stoicism.
Dr McCoy, on the other hand, was very much a human being. He was compassionate and emotional, and frequently became exasperated by Spock’s insistence on logic and reason.
So, you may be thinking, what does Star Trek have to do with investing?
Well, the difference between these two Star Trek characters actually tells us a great deal about how investors behave, as author Tim Hale explains in the newly-published fourth edition of his book Smarter Investing. Although some investors are more like one or the other, there’s an element of Mr Spock and Dr McCoy in all of us.
READ THE FULL ARTICLE HERE
PREVIOUSLY ON TEBI
Six lessons from A Random Walk Down Wall Street
Fund selection: the hired beat the fired
How wide is the gender pension gap?
FIND AN ADVISER
The evidence is clear that you are far more likely to achieve your financial goals if you use an adviser and have a financial plan.
That’s why we offer a service called Find an Adviser.
Wherever they are in the world, we will put TEBI readers in contact with an adviser in their area (or at least in their country) whom we know personally, who shares our evidence-based investment philosophy and who we feel is best able to help them. If we don’t know of anyone suitable we will say.
We’re charging advisers a small fee for each successful referral, but you will pay no more than you would if you contacted the adviser directly.
Need help? Click here.
© The Evidence-Based Investor MMXXIV
