Manage episode 295555610 series 2495043
In the final part of my conversation with Adam Robinson, we shift to markets, investing and financial decision making in an increasingly complex world. This world is filled with often surprising and even contradictory information, and as investors, the response should be to find the opportunities in the anomalies.
This is a momentum market where things are amplified and bifurcated. Investors have to step and act wisely. We have to keep things simple. Be aware of crucial information and check our own confirmation bias. Social implications have financial ones too.
How do we find the opportunities in the things that don’t make sense? What pressures and forces are more pronounced right now than ever before? Adam Robinson shares how to be a smart investor in this highly perilous world.
We also discussed;
- How to navigate a deflationary world
- How to stay in your circle of competence and the power of having an edge
- Buffett's number 1 for investing is don’t lose money.
- Why we need to check our confirmation bias
- The importance of reinventing ourselves and/or pivoting
Adam Robinson is an American educator, freelance author, and a US Chess Federation life master. He is the co-founder of The Princeton Review. He currently works as a global macro advisor to the heads of some of the world's largest hedge funds through his company Robinson Global Strategies. He advises the heads of large hedge funds, family offices, and other financial institutions on all global asset classes–global equities, US sectors, bonds, currencies, and commodities–using a unique approach that combines game theory, systems thinking, Bayesian analysis, and behavioral economics to outthink global markets and anticipate when major trends will change.