T is for Texas Sharpshooter Effect
PsyFi Search Tuesday 15 July 2014 T is for Texas Sharpshooter Effect The Texas Sharpshooter Effect is a doozy, although it’s less of a bias and more a sleight of hand trick. Impressed by that fantastic mutual fund history? Amazed by that stock tipping sheet performance? Dumbfounded by that guru’s record of predicting market movements? Roll up, […]
Sharpshooting the Investment Gurus
PsyFi Search Saturday 25 September 2010 Sharpshooting the Investment Gurus Hitting a Barn DoorTake a rifle and randomly spray bullets at the side of a barn. Invite some gun-toting friends around to see your handiwork and accept their lavish praise as a dead-eyed sharpshooter, knowing all the while it’s an illusion. The trick is to […]