What ASX investors constantly get wrong

Added: 2026-06-02

[00:00:00]You know, Ben and I always say that like there's no money in consensus. And what we mean by that, and that's kind of shorthand, is is you know, the the problem that I suppose um most people at home with their investing process is they're looking for consensus. They're looking for this stock that everybody agrees is a buy.

[00:00:19]And they go around their favorite talking heads and and they say, "Well, I want to say is that this is a buy, and Luke says this is a buy, and Bryce and Rhyne say this is a buy, and so therefore it must be a buy." When in reality, there's no money to be made when everybody agrees on something.

[00:00:33]Um the value is in I suppose being able to weight probabilities um and take the range of views in the market and figure out like what's the most likely or highly likely scenarios that are going to play out here. And I mean, AI is not going to help you do that.