>> Good advisors too don't know what will happen, and tend to get into the herd 
>> mentality, the crowd, the loss aversion and all those little behavioural 
>> biases that  screw up our investments. 

This is a bit like saying "good surgeons will leave their scalpels in your 
chest and stitch you up." 

You are describing terrible advisors here, not good ones. 

A good advisor should not only NOT be subject to the crowd and herd mentality, 
but also help you protect yourself from these as well as the greed vs. fear 
pendulum swings that cause behavioural biases. An asset allocation driven 
approach to portfolio management will easily achieve this.


Reply via email to