Not-Invented-Here-Bias

saving and investing should be boring, find excitement somewhere else

Last week I wrote about expensive Mutual Funds / Unit Trusts and their cheaper (and better) alternatives called Exchange Traded Funds (ETFs). You still don’t buy it. Ok, that might be my fault because I am simply not convincing enough…

Continue reading

Are you in control?

The desire to feel like we’re in control seems to be a very basic human need. Are you in control?  Do you like to control your environment? Well?  Were you successful in that endeavour?  C’mon, be honest. Because—Control—is an illusion! Let me give you an example…

Continue reading

Zero-Risk Bias

My brain is flawed.  It is a flawed lens through which I see reality.  This is true of both mouse brains and human brains.  But a human brain is a flawed lens that can understand its own flaws—its systematic errors,…

Continue reading

Halo Effect

Halo Effect Bias

This post has nothing to do with Brexit, UK’s ego, or the unfairness in life that the older generation always decides on things the younger generation has to live with. But then, maybe it does … Let’s visit another continent…

Continue reading

Don’t do envy

Dick und Doof - stop and think to avoid biases

The GSS – the Great Singapore Sale is upon us again.  And I am not talking about the Singapore stock market here. It’s an opportune time to remind ourselves of that one emotion that is the cause of the lack…

Continue reading