Combatting Group think from the inside out

Financial commentators tend to default to a world view determined by the thoughts of Ayn Rand and her enormously influential philosophy called objectivism.

At its core is the idea of the fearless professional individual struggling manfully against the might of the system, trying to make a difference. This line of thinking permeates into a view that bears testament to the alpha of the great, successful, virile fund manager as he (or even she) conquers market volatility. Sadly, this world view bears little resemblance to the real world of finance which, in my sad experience, is largely determined by committees – you find these investment committees everywhere. They are the real movers and shakers of those metaphorical tectonic plates within o...