Money Illusion
PsyFi Search Wednesday 4 August 2010 Money Illusion Sleep SoundlyMoney illusion is just about the most venerable of all of the behavioural biases that afflict people’s financial good sense. It was recognised back in the early part of the twentieth century, was an integral part of financial theories from thereon and spawned a range of […]
Why Markets Crash
PsyFi Search Saturday 8 May 2010 Why Markets Crash An Unsteady AimOddly there’s little agreement amongst the experts about why markets crash. Although given that experts in fields without objective measures of success are generally less accurate than a drunk in a ship’s urinal during a storm that’s not really surprising. Still, if the best […]