“It’s really important to understand we’re not seeing reality,” says neuroscientist Patrick Cavanagh, a research professor at Dartmouth College and a senior fellow at Glendon College in Canada. “We’re seeing a story that’s being created for us.” Most of the time, the story our brains generate matches the real, physical world — but not always.…
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Typically, the figure of the conspiracy theorist appears in the popular imagination as a fringe figure in a tin-foil hat. This is despite belief in “extreme” conspiracy theories being rare, and the fact that most people believe in at least one theory. For Joseph Uscinski, professor of political science at the University of Miami and coauthor of American…
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One of the most common statements since the outbreak of the coronavirus pandemic is that the economic and market outlook has become more uncertain. Given that the future is inherently difficult to predict with any level of confidence and we are generally terrible forecasters can it really be true that the world is now more…
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It is not that we have a short space of time, but that we waste much of it. Life is long enough, and it has been given in sufficiently generous measure to allow the accomplishment of the very greatest things if the whole of it is well invested. But when it is squandered in luxury…
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One of the things that is interesting about trading psychology is the notion that it is idiosyncratic, that is the psychological processes that afflict traders are only found within the realm of trading. This is a somewhat narrow dogmatic view and in many ways is simply an attempt to distinguish the filed of trading psychology…
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I frequently tell the apocryphal story about how Max Planck, after he won the Nobel Prize, went around Germany giving the same standard lecture on the new quantum mechanics. Over time, his chauffeur memorized the lecture and said, “Would you mind, Professor Planck, because it’s so boring to stay in our routine. [What if] I…
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The science of resilience, which investigates how people weather adversity, offers some clues. A resilient individual, wrote Harvard University psychiatrist George Vaillant, resembles a twig with a fresh, green living core. “When twisted out of shape, such a twig bends, but it does not break; instead it springs back and continues growing.” The metaphor describes…
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