Introduction to the Video

When it comes to investing, focusing on what truly matters—and what you can control—is a powerful way to reduce stress and make better decisions. In this video, behavioural expert Carl Richards explains this concept with one of his most popular sketches, inspired by a conversation with his mother about the things we often worry about but cannot influence.

Richards introduces the idea of two intersecting circles: one representing what matters and the other representing what you can control. The key, he says, is to focus your energy on the intersection—things that both matter and are within your control—while letting go of what lies outside these boundaries.

In investing, this means prioritising factors like asset allocation, your behaviour, and financial planning—elements you can influence—rather than fixating on market returns, which you can’t control. Richards suggests flipping the typical investor mindset to spend more time on controllable aspects that make a meaningful difference.

This video is not only relevant to investing but also offers a valuable framework for life in general. For more of Carl Richards’ insightful sketches, visit his website, BehaviorGap.com.

Disclaimer: This video does not constitute financial advice. We recommend that you speak to a qualified financial planner for advice tailored to your individual circumstances and goals. Financial markets may go up or down, and you are not guaranteed a return on your investment. Past performance is not necessarily a guide to future performance.