You and I, we are both just average

Bias: Illusory Superiority

“Whoa, wait a minute,” I can hear you protesting, “Dude, what are you saying?  No way!  That might apply to you, but definitely not to me.  I am special!” Face it, my friend, you’re nothing special, because the mediocrity principle simply states so. The universe…

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Survivorship Bias

Survivorship Bias

Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…

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Finally, a less wordy post about our biases

Thank you, dear readers, for reading my blog-posts and for letting me know what you like and dislike about them (for example, too long, too wordy). I hear you; thus, this post is succinct in answering: Why we save so little? Why evolution is to blame for our stock losses? Why…

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