Last year (been waiting a few days to say that) I wrote about the lies we tell ourselves in order to successfully navigate our lives. Unfortunately, the propensity we have towards delusion means that we are also subject to the delusions of others. My guess is that this is part of the the in-built crowd…
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What surprised you the most in the movie’s portrayal of the impending financial collapse? It was surprising to me that some people, portrayed by Ryan Gosling and Christian Bale and others, actually got to the bottom of some of those mortgage products—figuring out that they were being fundamentally mispriced—when so many others didn’t. We had…
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We all lie to ourselves – it is part of the human condition. Sometimes the lies are a simple mechanism design to protect our ego’s. Sometimes they are to create a more palatable or interesting narrative about our lives ala Walter Mitty. Occasionally they are designed to protect our psyche during turbulent moments when we…
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Call it the optimism fallacy. It’s widely thought that staying happy and stress-free helps keep you healthy. But a massive study on the link between mood and mortality suggests that happiness actually has no effect on death rates. Other research that has found the opposite must have been mixing up cause and effect, says epidemiologist…
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This is a long form piece that the New York Times excels at. It is sad and depressing but thoughtful and gentle. It is also worth reading this follow up piece on the comments to the original article.
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This is quite a lengthy but interesting piece which forms part of a PhD submission. I have snipped out a portion of the introduction that makes some interesting statements about the role of new in trader behaviour and the impact of news upon sophisticated and non sophisticated investors. The author uses an interesting technique for defining…
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10. Libet’s Challenge to Free Will Your decisions feel like your own, but Benjamin Libet’s study using electroencephalography (EEG) appeared to show that preparatory brain activity precedes your conscious decisions of when to move. One controversial interpretation is that this challenges the notion that you have free will. The decision of when to move is…
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A new study has found that people who buy into “pseudo-profound bullsh*t” – the researchers’ words, not ours – are more likely to score on the low side for verbal and fluid intelligence, and are also more likely to believe in conspiracies and endorse alternative medicine. What exactly is pseudo-profound bullsh*t, you might ask? In…
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