JSE Power Hour: Separating the Sizzle from the Steak
Channel: JustOneLap
Date: 09/07/2015

This presentation by Patrick Barker of Cannon Asset Managers will identify the challenges with knowing when an investment is legitimate and when it is a scam and why investors still get caught.

It will go into identify how even professionals such as asset managers can be caught out by aggressive accounting and misinformation. It will also look at legitimate information which can be misread or misunderstood and lead to poor decision making by investors. It will touch on behaviour of individuals and how their behavioural biases can affect their decisions including their perceptions developed in childhood.

The presentation will also aim to provide solutions on how to avoid buying the sizzle and how to look for the steak including what to look for when dealing with an asset manager.

Also included is Benford's Law, a great statistical method for spotting fraudulent results.