Advisors deal in facts. Some financial professionals may even believe that they have a little better grasp of the facts than in other professions.
In his new book, Factfulness, Hans Rosling suggests that experts are as prone to seeing the world inaccurately as anyone else. If sound investing is premised on an accurate view of the world, then it’s better to cultivate a reliable fact-based worldview.
In 13 questions, Rosling tests your ability to see the world factfully. Give yourself one point for every correct answer. If you score 10 or more, consider yourself factful.