The Ostrich Effect

Learning how to adapt to changes

I initially wanted to put off writing about this fallacy, but I cannot avoid it.  Psychologists use this term to describe the decision to ignore dangerous or negative information by “burying” one’s head in the sand—like an ostrich—and hoping it would disappear. The…

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Diversify, diversify, and then diversify some more

diversify diversify diversify

Could we both agree on the following notion? That, in the investment field, there is no one instrument that can perform all the time, and that there is no one who can say with certainty—in advance—which instrument would perform best.  The future is uncertain and markets are random. As such, what Harry Markowitz…

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A few thoughts on our second brain

Our Second brain and intuition

I can literally envision all you regular readers rolling your eyes at yet another “brainy” post and thinking: “Tacomob, haven’t you written more than enough about the brain already?  Isn’t there some other topic on your mind?” Of course there is, and that’s why I am…

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