Another 14 Ways Our Mind Plays Tricks On Us As investors – Michael Yardney
Part Two of Michael Yardneys article on psychological bias’s We like to think we’re rational human beings. However last month I’ve shared with you the concept that we are in fact prone to a group of cognitive biases that cause us to think and act irrationally, and this affects many of our investment decisions.…
Sovereign Wealth Funds
In the circuitous way you often come to things I was looking at a collection of charts on base metals. As you can see from the screenshot below there really has been nothing to get excited about over the past few years, which puts lie to the notion of our supposed mining boom. What we…
Designing Your Life
“It took off in just about a heartbeat,” says Evans, who oversees instruction with help from guest lecturers and a small army of student volunteers, who lead discussion groups. Today, 17% of seniors enroll in “Designing Your Life,” and many more vie for the limited seats in each section. “We’ve had students literally teach the…
What Do You Think You Know
The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would…
Why We’re All Overconfident
On the flip side if we were not overconfident we would still be living in caves….
At Kodak, Clinging To A Future Beyond Film
The story of Kodak fascinates me – the company that invented the digital camera 1975 was eventually sent broke by it. What happens after a tech company is left for dead but the people left behind refuse to give up the fight? At Kodak the answer is to dig deep into a legacy of innovation in…
The Steve Jobs You Didnt Know
Revisionism after death is also an interesting phenomena. According to Apple CEO Tim Cook, he first learned about Steve’s need for a liver transplant in January 2009. By that time Steve wasn’t coming into the office at all, and Cook would visit him at home just about every day. He started to worry that things might finally be…
10 Psychological Tricks Our Mind Plays On Us As Investors By Michael Yardney
What is standing between you and property investing success? It could be YOU! Maybe you’re too biased to be a successful property investor? What do I mean by that? Well…did you know that as property investors we can sometimes be our own worst enemy? It’s not because of the decisions we make, the opportunities we…
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