Lockdown Learning: A Reading List for Behavioral Investing
PsyFi Search Saturday 28 March 2020 Lockdown Learning: A Reading List for Behavioral Investing If, like me, you find yourself with an unexpected amount of leisure time you may want to spend some of it catching up on your investing education. At the very least it’ll be a distraction from the chaos out in the […]
A Liberal Arts Investor’s Reading List
PsyFi Search Wednesday, 5 December 2012 A Liberal Arts Investor’s Reading List A Little Wisdom Goes A Long Way These days it’s hard to actually see out of the thicket of new books on the topic behavioral finance, a deluge inversely proportional to the actual impact of behavioral economics on the real world, other than […]
Screwed: Fictional Profits, False Accounting and Financialization
PsyFi Search Thursday, 2 August 2012 Screwed: Fictional Profits, False Accounting and Financialization Double Entry: How The Merchants of Venice Created Modern Finance by Jane Gleeson-White “So it has come to this. The global biodiversity crisis is so severe that brilliant scientists, political leaders, eco-warriors, and religious gurus can no longer save us from ourselves. The […]
Self-Organizing the Investment Blogosphere
PsyFi Search Monday, 23 April 2012 Self-Organizing the Investment Blogosphere “Investing is hard. It is hard for everyone, including the most successful investors in the world. Nevertheless, investing is one of those adult responsibilities we all need to come to terms with.” Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere by Tadas […]
One Price To Rule Them All
PsyFi Search Wednesday, 25 January 2012 One Price To Rule Them All Models. Behaving. Badly: Why Confusing Illusion With Reality Can Lead to Disaster, On Wall Street, And In Life by Emanuel Derman “In physics there may one day be a Theory of Everything; in finance and the social sciences, you have to work hard […]
When Incentives Go Bad
PsyFi Search Tuesday, 13 December 2011 When Incentives Go Bad Strings Attached: Untangling the Ethics of Incentives by Ruth W. Grant Way back in ’76, when heels were high, flares were wide and hair was long (for the men, at least) a couple of dudes called Michael Jensen and William Meckling proposed a solution to […]
Robert Cialdini and the Weapons of Influence
PsyFi Search Friday, 2 September 2011 Robert Cialdini and the Weapons of Influence “Well here, again, Cialdini does a magnificent job at this, and you’re all going to be given a copy of Cialdini’s book. And if you have half as much sense as I think you do, you will immediately order copies for all […]
John Kay’s Obliquity
PsyFi Search Tuesday, 29 June 2010 John Kay’s Obliquity Oblique Many of the great mistakes of history, including the problems financial markets have continualy re-experienced, have been caused by a basic error of judgement – the idea that it’s possible to define, plan and control the outcomes of the world around us despite the rampant […]