“A purely disembodied human emotion is a nonentity,” William James asserted in his revolutionary 1884 theory of how our bodies affect our feelings. Two generations later, Rilke wrote in a beautiful letter of advice to a young woman: “I am not one of those who neglect the body in order to make of it a sacrificial offering for the…
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One of the podcasts on my playlist is the Real Science of Sport and in the current episode, they speak to Peter Bills the author of The Jersey which is an insight into why the New Zealand All Blacks are without a doubt the worlds most dominant sporting team. During the conversation Bills mentioned that…
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Last week I had the pleasure of sitting down and chatting with Steven Goldstein and Mark Randall from AlphaMind. During our chat, we ranged far and wide over all things trading psychology including some reminiscing about the good old days of being on dealing floors. It is well worth subscribing to their podcast if you…
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…..I believe in prediction. I think you have to in order to get out of bed in the morning. But prediction is hard. Either you know that or you’re in denial about it. A lot of the reason it’s hard is because the visible stuff that happens in the world is a small fraction of…
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Someone compliments you and you think, “They don’t mean it.” Something good happens and you hear, “I don’t deserve this.” You’re meeting new people and it’s, “They won’t like me.” And you usually accept those words because they’re coming from inside your head. It’s like the horror movie where the calls from the killer are…
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I recently read Will Storr’s excellent book ‘The Science of Storytelling’[i]; which is an exploration of how our brains process stories and why they are such a fundamental component of human experience. Whilst it is primarily designed as an aid for writers seeking to better craft their narratives; for me, it also served to underscore…
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We test the hypothesis that retail investors’ attraction to lottery stocks induces overvaluation, and is amplified by high attention and social interactions. The lottery premium (negative abnormal returns) is stronger for high-retail-ownership stocks—especially those that also have high analyst coverage, high latest absolute earnings surprises, or extreme recent positive returns. The premium is also larger…
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