Andreas Herth

Why nobody expects to look like an athlete after 3 gym sessions — but many people still expect quick success when it comes to money. Most people immediately understand this in the gym: You don’t build a strong body after two workouts. So why do so many people believe financial security works without training? Fitness and financial knowledge have surprisingly much in common. First, you need to clear your mind — and before you train, you need a goal Do I want to build muscle? Lose fat? Have...

Recently, I had one of those conversations that really make you think. A former colleague and I – both active in the financial markets for decades – were talking about our favorite topic: Investing. Interest in financial markets is certainly present in society, but it’s still underdeveloped. Many people get excited for a short while, watch a few YouTube videos, maybe even read a book – and then comes a well known statement: “I don’t really know enough about it, and right now I don’t have the...