prudent investor newsletters

The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label cognitive bias. Show all posts

Monday, October 14, 2013

Quote of the Day: Experience is a continuous exit exam

›

Experience is not much of a teacher; it is, rather, a continuous exit exam. For we are not very good at "learning" from events. ...

Monday, September 02, 2013

Denials are Hazardous to One’s Portfolio

›

The Phisix bear market has caught many by surprise. And the typical reaction: massive denials. As shown in the above diagram, deni...

Saturday, August 25, 2012

Video: Celebrity Prank

›

From WorldTalkLIVE , (hat tip Zero Hedge) On the night of July 27th, 2012, a huge prank was pulled in New York City and this is the video of...

Wednesday, August 22, 2012

Global Warming in the Perspective of Social Science

›

Politics has mainly been about arousing emotions. In the debate over global warming, arguments have essentially been reduced to either black...

Tuesday, July 24, 2012

Brain Damage and Better Investment Decisions

›

Jason Zweig in his latest article at the Wall Street Journal cites a study which suggests that people with brain damage are likely to make ...

Monday, May 14, 2012

Phisix: The Correction Phase Cometh

›

I believe that the Phisix has entered a temporary corrective phase, or a pause from the bullmarket. I wrote last week [1] given the r...

›

Home

View web version