For humans, happiness is found in connections. We, as practising advisers are in the people business and the connections you make with the people all around you are going to influence how they feel. This means that we must be wholly aware of our own happiness, how we are feeling and the projection of energy we give out.

Last week I had the privilege of speaking in front of 250 advisers at the Humans Under Management conference. This is a conference where the focus is on managing clients’ behaviour and what we do help people.

Over the past five years, not only has the actively managed fund underperformed its own benchmark, it has also underperformed the UK and global stock markets.

Last week I returned to the office after 2 and half weeks out. It was the longest holiday I’ve had in years and coming back in to the office felt strange. I mean, I was really happy to be back at work (genuinely) but I felt a little off kilter.

Economics is generally about research and making assumptions based on what would likely be optimum decisions. Humans make decisions based on emotion and psychology. Behavioural economics is a cross between the two!

Habits and attitudes. I’ve been thinking about these two a lot lately because I’ve needed to make some changes in my life. I’m not happy with myself for letting some standards slip which I’ll explain below.