Episode 3 of the Investing Show examines the Bear Market with the world-renowned behavioural scientist Professor Meir Statman of Santa Clara University and the pressure on both investors and advisers to act in such times 📊.

Around the world, stock markets and even government bonds have fallen in value this year, some experiencing the worst performance since 1970. It's very important that investors stay disciplined, but it's not always easy.

There are many ways a good financial adviser can add value but it's in volatile times such as these that they really come into their own. Part of their job, says Professor Statman, is to stop you doing something foolish.

However, the pressure on financial advisers to act is huge. Investors expect the financial professionals who manage their money to do something. As Abraham observes, this pressure to act is not just from the expectation of the investor as their professional adviser but the pressure in career terms of getting a decision wrong and therefore it's huge.

Finally Abraham outlines how he hopes this current downturn is a lesson to people that long-term investing isn't about following the crowd, speculating, and doing what everybody does. He asserts that it's about putting your money to great use in great companies in the world who are creating goods, services and products that everyday people use and make all of our lives better 🙌.

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