What can I find here?
Information to help me run my own business: MY ME, Inc.
Ideas to Own It and live my personal life by design and not by default.
Advice on how to prosper slowly but steadily.
Here are the latest Blog Entries
Who can I blame for this?
Here is a bit of philosophy to assist in rapidly finding someone (else) to blame : “Huey, Dewey and Louie. You stand accused of a grievous crime. What do you have to say for yourselves?” “Yes, I did it,” said Huey. “But it…
1 Mwh of sunshine
“A day without sunshine is like, you know, night.” — Steve Martin I personally prefer sunshine (though perhaps with less heat here in Singapore), because, since early August this year, we are the proud owners of a Solar or Photovoltaic (PV) System at our…
My-Current-Trade-Must-Be-A-Winner-Bias
This bias might be at the root of all the other biases that very active traders “enjoy”. Yet, being right has very little to do with making money! The evidence is overwhelming that the more we trade, the worse we would do. That’s because most…
Hot-cold-empathy gap
Have you ever asked yourself this: How can I control myself when I feel the irresistible need to break my rules about how to invest in the stock market? That question pertains to the “hot-cold-empathy gap”, where we say to ourselves in a calm…
The Curse of Knowledge
Yes, that’s right, you have read the header correctly. Because if you know something, you can’t appreciate what it’s like not to know it. And this is when better-informed people encounter problems thinking about problems from the perspective of their less-informed…
Can you spare three minutes to read this?
You can? That’s great! Because I would like to share what I recently read about “time pressure” and why it seems to be on the rise in these modern times. Initially, I thought that I knew the answer; the pace of life…
Neglect of prior base rates effect
This is the tendency to fail to incorporate prior known probabilities which are pertinent to the decision at hand. Caution: Don’t read on if you are 40 years of age and above! Here’s an interesting question for the rest of you: Why aren’t more young people…
My Dopamine determines risks of mine
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…
Why do I blog so much about the brain, biases and thinking errors in context with money and investing?
I am very glad that more and more of you are stopping by the Tacomob-website and I feel specially encouraged by all your positive E-mails. One of the more frequent questions asked has formed the header to this post and there are dozens of answers to…
ad verecundiam
Have you noticed that we are social creatures who devote a lot of our time to thinking about social ranking? And that a by-product of this obsession is a tendency to blindly trust the claims and ideas of people who rank…
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