It’s that time of the year again

Planning Fallacy

It’s that time of the year again, when avalanches of New Year’s resolutions are launched with idealistic plans for drastic self-improvement in 2016. We resolve to quit drinking, smoking, or both.  We resolve to help others and to spend more time with our friends and…

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My Dopamine determines risks of mine

dopamine molecule

Have you ever wondered why you can become revved up and an exuberant risk taker, when flying high, or hesitant and risk-adverse, when cowering from your losses in the stock market? We have the impression that it is our deliberative mind that makes the most important decisions in…

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Finally an investment idea

An Investment Tip from Tacomob

Some of you have contacted me (although commenting on my blog posts would be an alternative way, besides e-mail, to communicate with me) and shared your disappointment that I have yet to share an investment tip on Tacomob.   There is reason for…

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The good ol’ gut feeling

We sometimes tend to think that ideas and feelings arising from our intuition are essentially superior to those achieved by reason and logic. As such, intuition—the good old “gut feeling”—has come to be idealized as the Noble Savage of the mind, fearlessly cutting through…

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Don’t get framed by …

… the Framing Bias.  This is another beautiful mental shortcut that we use to solve common problems. Although this heuristic speeds up processing in our brain, it occasionally makes us think so fast that we miss what is important. When heuristics work, they…

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