Anchoring
Excerpted from Fundoo Professor: Similarly, a saving of Rs. 1,000 looks much bigger than it really is when it is contrasted with a purchase price of Rs 5,000 for a lamp, (a 20 percent saving!) but...
View ArticleEffects of a Tragedy
I don’t want to reduce Jeff’s recent loss of his wife to a mere analytical exercise but I recently found out that a person extremely closed to me has been diagnosed with cancer and so I think this is...
View ArticleCascades
Source: FT.com Without doubt, timely and democratic access to financial and market information contributes to smoothly functioning financial markets. But it’s worth asking whether the ubiquity of such...
View ArticleMaintaining Exposure
From the Simply Stated blog by Gretchen Rubin: The other morning, I had to decide whether to go to a parents’ coffee at my daughter’s school, or to get an extra 90 minutes of work done. I usually...
View ArticleTrizle + Research
What Blinds Business Manager [Adapted] Manager Billy thinks he’s a great manager. His entire team thinks differently, but doesn’t let him know. Manager Bill continues running his ship like he’s King...
View ArticleType of Trader
You are a Strategic Trader! You probably live in a world of ideas and strategic planning. This is because you value intelligence, knowledge, and being competent. These are great qualities for a...
View ArticleThe Good, The Bad and the Ugly
Good: I woke up today and saw DRYS gap down. Immediate instinct was to sell because it passed through my mental stop. Decided to wait pending market indications which is a legitimate reason. Bad: At...
View ArticleStages of Grief
Denial Anger Bargaining Depression Acceptance Strange that we can find comfort in a model.
View ArticleHappy President’s Day!
Global markets and US futures are up at this point. Going into the weekend, there was fear of another long weekend apocalypse – ah, the fallacy of vividness. I am posting mainly because that is one of...
View ArticlePersonal Belief
You should strive for the state where how you trade is the best way for you to trade. If you choose not to do this, you will likely have continued doubts about your trading success. Discretionary –...
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