Investors with a low loss tolerance should not manage their investments themselves, because they will sell every time the stock market crashes and only buy again when the stock markets are more expensive. This means that important return periods are lost.
People with a high loss tolerance remain invested in bad markets, which pays off in the long run.
You loss tolerance is therefore of critical importance. Obermatt CEO Dr. Hermann J. Stern shows in this part of his oikos conference '19 Keynote at the University of St. Gallen how you can measure your loss tolerance and how you can reduce loss pain.
Recorded by Obermatt with kind permission of oikos St. Gallen, November 2019.