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What's your investment personality?
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- Lemon Quarter
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What's your investment personality?
Some Friday fun for everyone ...
https://www.schroders.com/en/uk/private ... /investiq/
I am a "vigilant planner", apparently.
https://www.schroders.com/en/uk/private ... /investiq/
I am a "vigilant planner", apparently.
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- Lemon Quarter
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- The full Lemon
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Re: What's your investment personality?
Seems we are all vigilant planners. On this site I guess we are not typical of the investment population at large I think it has me down as less decisive than I really am.
Dod
Dod
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- Lemon Quarter
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- Lemon Half
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- Lemon Slice
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Re: What's your investment personality?
"The independent rider" vive la difference
What they say :
and
Actually very true : my excuse for their statement "You also have a habit of assuming your needs today will be the same in the future, which is unlikely. So your financial goals may not match up with your future circumstances" is that I am well into pensionable age and quite comfortably off
A fun exercise - thanks, Moorfield
What they say :
As a confident investor you follow your own path without being swayed by others. There is bit of a pessimist in you, helping you balance the risks and benefits when investing, although you can focus too much on the negatives and find losses hard to digest. Sometimes anxiety kicks in and makes you take decisions too quickly. You also have a habit of assuming your needs today will be the same in the future, which is unlikely. So your financial goals may not match up with your future circumstances.
and
investment strength : Individualist
Defining characteristic : Belief in oneself
Most likely to : Make snap decisions
Least likely to : Take advice from friends
Actually very true : my excuse for their statement "You also have a habit of assuming your needs today will be the same in the future, which is unlikely. So your financial goals may not match up with your future circumstances" is that I am well into pensionable age and quite comfortably off
A fun exercise - thanks, Moorfield
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- Lemon Quarter
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Re: What's your investment personality?
Another vigilant planner here (no real surprise to me, the description seems spot on) although after that test I think I might better be described as an overweight vigilant planner - that test involved an awful lot of sweets, jelly beans and pizza. And that John, he's a bad influence.
- Julian
- Julian
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- Lemon Slice
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Re: What's your investment personality?
Well that's interesting.
Vigilant Planner
Investment strength:- Doing your homework
Defining characteristic:- Anxious about investing
Most likely to:- Excessively worry about making a decision
Least likely to:- Act impulsively
Yep, that sums it up pretty well for me
Vigilant Planner
Investment strength:- Doing your homework
Defining characteristic:- Anxious about investing
Most likely to:- Excessively worry about making a decision
Least likely to:- Act impulsively
Yep, that sums it up pretty well for me
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- Lemon Quarter
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Re: What's your investment personality?
Yes Vigilant Planner too, but I don't think the analysis they gave was right.
I think their model interpreted my reluctance to bet on 50/50 bets as risk aversion, which it isn't. In investing everything has risks so it isn't a matter of whether you take risks or not but how you assess what the risks are and what decisions you take in the light of that.
I think their model interpreted my reluctance to bet on 50/50 bets as risk aversion, which it isn't. In investing everything has risks so it isn't a matter of whether you take risks or not but how you assess what the risks are and what decisions you take in the light of that.
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- Lemon Quarter
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Re: What's your investment personality?
Perhaps there are only two possible results - "Vigilant Planner" and "Independent Rider".
What would be interesting to see is all possible personality outcomes and descriptions, but I haven't been able to find anywhere on that website.
What would be interesting to see is all possible personality outcomes and descriptions, but I haven't been able to find anywhere on that website.
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- The full Lemon
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- 2 Lemon pips
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Re: What's your investment personality?
From The Telegraph https://www.telegraph.co.uk/investing/i ... tegy-test/
Regards Puffster
The most common character is the “vigilant planner”, making up 38pc of the total. These people are careful investors who may sometimes miss out on opportunities because they particularly feel the pain of losses.
Results showed the second most commonly found character is the “level-headed optimist”, at 23pc of the total. These investors cope well with uncertainty but are prone to being impulsive.
“Opinion hunters”, who prefer to follow the crowd, and “independent riders”, who don’t, comprised 22pc and 17pc respectively. I was in the latter group, instantly recognising that I like to tread my own path and rarely feel regret.
Regards Puffster
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- Lemon Half
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Re: What's your investment personality?
"Forces himself to be LTBH by regularly diverting attention to spreadsheets".....
Cheers,
Itsallaguess
Cheers,
Itsallaguess
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- Lemon Quarter
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Re: What's your investment personality?
VP here (there seem to be only four types)
Back in 2001 on the US Fool's Berkshire Hathaway board we had a fair bit of discussion about Myers-Briggs personality types. Myers-Briggs is a fairly well established test, albeit somewhat controversial, so much so that a lot of major employers use it in their employee selection process. There are 16 personality types in Myers-Briggs.
In advanced Western societies INTJ's are approximately 2% of the population. On the Fool's Berkshire Hathaway board over 90% were INTJ (introverted, intuitive, thinking and judging). Talk about a selection effect.
Here's one of the threads (I seem to remember that there was a poll, but I can't find it)
https://boards.fool.com/myers-briggs-and-investing-14322015.aspx?sort=whole#14322015
https://en.wikipedia.org/wiki/Myers%E2%80%93Briggs_Type_Indicator
https://www.verywellmind.com/intj-introverted-intuitive-thinking-judging-2795988
Back in 2001 on the US Fool's Berkshire Hathaway board we had a fair bit of discussion about Myers-Briggs personality types. Myers-Briggs is a fairly well established test, albeit somewhat controversial, so much so that a lot of major employers use it in their employee selection process. There are 16 personality types in Myers-Briggs.
In advanced Western societies INTJ's are approximately 2% of the population. On the Fool's Berkshire Hathaway board over 90% were INTJ (introverted, intuitive, thinking and judging). Talk about a selection effect.
Here's one of the threads (I seem to remember that there was a poll, but I can't find it)
https://boards.fool.com/myers-briggs-and-investing-14322015.aspx?sort=whole#14322015
https://en.wikipedia.org/wiki/Myers%E2%80%93Briggs_Type_Indicator
https://www.verywellmind.com/intj-introverted-intuitive-thinking-judging-2795988
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- Lemon Half
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Re: What's your investment personality?
SalvorHardin wrote:
It would help to know how many types there are (I believe that in addition to the two mentioned here (I'm VP too) there is a "level headed optimist")
In an earlier post puffster has already linked to a 2018 Telegraph article that discusses the same study.
The results from that article list four different options, and how they came out at that time -
Vigilant Planner - 38%
Level-Headed Optimist - 23%
Opinion Hunter - 22%
Independent Rider - 17%
Total - 100%
https://www.telegraph.co.uk/investing/i ... tegy-test/
Cheers,
Itsallaguess
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- Lemon Quarter
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Re: What's your investment personality?
Itsallaguess wrote:In an earlier post puffster has already linked to a 2018 Telegraph article that discusses the same study.
The results from that article list four different options, and how they came out at that time -
Vigilant Planner - 38%
Level-Headed Optimist - 23%
Opinion Hunter - 22%
Independent Rider - 17%
Total - 100%
Thanks for that. Just before you posted this I'd spotted the four types in another article and hoped to edit my post as fast as possible. Too slow
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- Lemon Pip
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Re: What's your investment personality?
SalvorHardin wrote:Itsallaguess wrote:In an earlier post puffster has already linked to a 2018 Telegraph article that discusses the same study.
The results from that article list four different options, and how they came out at that time -
Vigilant Planner - 38%
Level-Headed Optimist - 23%
Opinion Hunter - 22%
Independent Rider - 17%
Total - 100%
Thanks for that. Just before you posted this I'd spotted the four types in another article and hoped to edit my post as fast as possible. Too slow
Vigilant planner here. A little surprised but hey ho
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