Using Money To Express Ourselves
Very interesting: We might think that we use money mostly to satisfy economic needs, but Paharia has found in her research that we often...
Beware Lists of Giant Winners
You can tell we are getting later in the cycle of a market when people start to notice all of the giant winners they missed. In 2010 or...
The Cognitive Dissonance is Strong in This One
Stick With Numbers When Judging Trump’s Rally Anything else is just story-telling in the interest of scoring political points....
Coincidence: Blade Runner 2049
Perspective: I spend a lot of time talking about all of reasons for the cognitive errors we make. Why I emphasize the...
Transcript: MiB Richard Thaler, Laureate
click to play audio Given that the Royal Swedish Academy of Sciences Sveriges Riksbank Prize in Economic Sciences went to...
Richard Thaler (and Behavioral Economists) Get Their Due
An Economics Heathen Wins the Economics Nobel Richard Thaler’s prize was long overdue. Bloomberg, October 9, 2017 ...
The Unpersuadables: Your Mental Models of Investing
Our Inner Investing World Doesn’t Reflect Reality We tell ourselves stories about how things work that may be at odds with how they...
A Brief History of Market Punditry
The Web Makes It Harder to Read Market Sentiment The internet swept away the old-school financial pundits, turning the public forum into...