Why do we misbehave so often?

Why do you misbehave?

According to economists, we should all be cold, clear-eyed spenders who always choose what would benefit us the most economically. In their economists’ world, we are all as emotionless, passionless, and predictable as the Vulcan Mr. Spock in Star Trek, since we are supposedly…

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Don’t worry, be …

protect your portfolio with Put Options

… Hmm, I don’t know how that header should be completed. Do you?  No? Then, let’s find out together. In my opinion, the standard saying: “Don’t worry, be happy” seems to be too simplified because not only do I doubt that one can be…

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Extreme Discounting

hyperbolic discounting

It’s the time of the year again where we start out with a bag full of New Year’s Resolutions and than slowly … one by one … fail to execute them. Do you happen to have set the resolution to…

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You got promoted

Hello, my dear reader, today I feel very powerful. So I have decided to promote you to the position of CEO. Congratulations. You are a real CEO now. Not later! Now! What do I mean by that? In this information age,…

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