What If Sir Isaac Newton Had Been a Trend Follower?

Interesting look at bubbles and the impact of timing upon them. Abstract:       Investment manias and financial bubbles have likely existed for as long as humans have been involved in financial markets. In this research piece we take a look at some of the more famous market bubbles in history and the extreme volatility…

Details

Your Brain Is Primed To Reach False Conclusions

Helena Matute, a psychologist at Deusto University in Bilbao, Spain, and her colleagues enlisted 147 college students to take part in a computer-based task in which they each played a doctor who specializes in a fictitious rare disease and assessed whether new medications could cure it. In phase one of the study, the student volunteers…

Details