20 cognitive biases that screw up your decisions
More here – Business Insider
Working on self-esteem is not the best way to move on from regrets. “Imagine that you are talking to yourself about this regret from a compassionate and understanding perspective. What would you say?” That is the writing instruction used in a new study which found that self-compassion helps people move on from regrets. Being kind…
It’s a refrain that kids have heard from their parents for generations: “Go outside and play. It’ll be good for you.” Little did we know as children how valuable that advice was. Science has shown that parental wisdom to be more accurate than we realized. Study after study after study has now shown that there…
Source – Bloomberg PS: Watch out of the idiot autoplay video on the site
When new traders move into the arena of trading they face several functional difficulties such as how do markets work, what are the subtle difference between markets and most importantly how does one design and implement a system that is some way logic and effective. If someone manages to navigate this maze and become in…
The gap between expert analysis and public opinion seems to be widening by the day. In the US, there is significant popular support for the policies of Donald Trump which the vast majority of experts regards as questionable, to say the least. In the UK there has been a broad consensus of economics experts warning…
That’s easy – vast numbers of people are friggen stupid. If you don’t believe me just check out Facebook. Today’s rejuvenated flat-Earth philosophy, as promoted by rappers and YouTube videos, is not simply a recrudescence of pre-scientific ignorance. It is, rather, the mother of all conspiracy theories. The point is that everyone who claims the…
With the EOFY it was time to fire up excel and play with some stock returns. I took the S&P/ASX 50 and decided to see how each stock had fared during the year, this gave me the table below which I have sorted on the basis of highest to lowest. In terms of observations about…