Chaos is not a ladder: Navigating human behaviour at times of market stress

In what has been a truly eventful week, much analysis has been pumped out on the situation in Iran and all the various scenarios that could now play out, including how this will feed into markets. But as investors, it is also vital to examine this episode more in the manner of a playbook of how we should try and behave when something of this nature occurs. Only by understanding instinctive human behaviour can we truly learn about the potential impact upon client portfolios. Despite some people making bets on prediction markets that something was about to happen, and energy markets pri...