The Psychology and Neuroscience of Financial Decision Making
The Psychology and Neuroscience of Financial Decision Making from Trading Game Pty Ltd
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Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them
I did not know this, although there are historical precedents such as Germany in the 1920’s. At a delicatessen counter in eastern Caracas, Humberto Gonzalez removes slices of salty white cheese from his scale and replaces them with a stack of bolivar notes handed over by his customer. The currency is so devalued and each…
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Its Good To Be Number One
Whilst I was recently in Toronto I noted that there was a degree of hand wringing about the current state of the property market in Canada and the resultant increase in household debt that had accompanied this. Curious about where we stood I looked up the league table of household debt as a function of…
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This Is Very Good
LB bounced one this via one of the recent MP graduates. Source : Tradeciety
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Stress
I was trolling through PubMed the other day searching for a particular paper when I got distracted as I am want to do. The internet is a wonderful thing for getting lost looking at various papers. Back in the day this sort of distracted quest was impossible simply because you would have to spend hours…
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This Wont End Well
I am never surprised when I read of the investment decisions made by various fund managers. However, I was a little agog at finding out that AustralianSuper the nations largest superannuation fund has a 3.2% stake in Tesla. It is the only one of AustralianSupers top 20 investments to have not shown a profit. This should…
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On Change
Now that the Bogan 1000 has been run at Bathurst for another year I note that there was much weeping and wailing at the imminent demise of Ford which is soon to be followed by the end of locally produced Holden’s. This gnashing of teeth was echoed by the car magazines I subscribe to which…
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The Difference Between Rationality and Intelligence
ARE you intelligent — or rational? The question may sound redundant, but in recent years researchers have demonstrated just how distinct those two cognitive attributes actually are. It all started in the early 1970s, when the psychologists Daniel Kahneman and Amos Tversky conducted an influential series of experiments showing that all of us, even highly…
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The Red Bull Illume Photo Contest Winners
More here – Adventure Journal
