Chatting with one of you the other day over a kopi C (that’s coffee with evaporated milk for my dear non-Singaporean readers) made me realize that you might have gained the wrong perception of me. You might believe that due…
Yeah, you are so right, I am stating the obvious here and why should you waste your time reading about the obvious. But apparently, it is not as obvious as it should be. Not to everyone. Just an example. Yesterday…
In my last post I mused over Forecasts and those guys who come up with them. In my little research I came across so many noteworthy facts and statements on that subject that I decided to collate them in a…
Two recent events triggered me to do a bit of research. My son – having started Secondary Level 4 a few days back – asked me which job would be the best and whether he should target the Junior College…
At the beginning of each year, there are many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting the directions of the Stock Markets. As I personally have ample years of experience in the…
This post is for you. Yes, you, who sent me that e-mail yesterday asking me whether it would be a good timing to start investing in the stock market right now. I understood from your mail that you have not…
… that there is no certainty (ok, I admit death is the only thing we can know with any certainty, but my intention is not to write about the end here, I have done that before and it didn’t end…
einhundert – 100 – one hundred The other day I have shared with you this gigantic Cognitive Bias Codex. It contains 189 different biases. So far I have written about 100 biases that make you do dumb things with your…
Or otherwise known as reliance on old-fashioned financial institutions and outdated economic structures. Partly, it is due to habit; partly, because of our concerns about liquidity; and partly, because we think that it is always risky to experiment with new things where we might lack…
Among the many quirks our brains have is something called the “fading affect bias.” Basically, we aren’t very good at remembering negative emotions. Our brains shrink the memories of bad times, painful experiences and anything generally unpleasant. That is generally…