The only certainty is …
… 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…
Tag: biases
100 Biases and Bias Bias
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…
Fading Affect Bias
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…
Cognitive-Biases-Life-Hack
Emotions are the main cause and driving force in the stock markets. Last week I shared some thoughts why understanding our mind as a tool that tries to live in an uncertain world is an important challenge. Because the brain…
Are you investing/trading like a scientist or like a lawyer?
Before you read on, take a minute and think about this question for a while. Look back at your recent transactions. How did you arrive at those decisions? Are you happy with your past decisions? Any regrets? C’mon. If you’ve…
A trip to Lake Wobegone
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Without this you will never achieve Financial Freedom
Enoughism* You have to find, define and fix your personal level of ENOUGH. Where you possess everything you need, and buying more would actually make you worse off. In my most recent post I have brought up the crucial question:…
Can you afford to ignore the long-term importance of money?
“Oh, money, I’m actually not interested in money.” So many people say that. Yet they’ll work at a job for eight hours or more (that they don’t even like) just to be able to buy stuff to impress their neighbours, the Tans and Lees (who they don’t really like…
Are you in control?
The desire to feel like we’re in control seems to be a very basic human need. Are you in control? Do you like to control your environment? Well? Were you successful in that endeavour? C’mon, be honest. Because—Control—is an illusion! Let me give you an example…
Zero-Risk Bias
My brain is flawed. It is a flawed lens through which I see reality. This is true of both mouse brains and human brains. But a human brain is a flawed lens that can understand its own flaws—its systematic errors,…
100 Biases and Bias Bias
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…
Fading Affect Bias
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…
Cognitive-Biases-Life-Hack
Emotions are the main cause and driving force in the stock markets. Last week I shared some thoughts why understanding our mind as a tool that tries to live in an uncertain world is an important challenge. Because the brain…
Are you investing/trading like a scientist or like a lawyer?
Before you read on, take a minute and think about this question for a while. Look back at your recent transactions. How did you arrive at those decisions? Are you happy with your past decisions? Any regrets? C’mon. If you’ve…
A trip to Lake Wobegone
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Without this you will never achieve Financial Freedom
Enoughism* You have to find, define and fix your personal level of ENOUGH. Where you possess everything you need, and buying more would actually make you worse off. In my most recent post I have brought up the crucial question:…
Can you afford to ignore the long-term importance of money?
“Oh, money, I’m actually not interested in money.” So many people say that. Yet they’ll work at a job for eight hours or more (that they don’t even like) just to be able to buy stuff to impress their neighbours, the Tans and Lees (who they don’t really like…
Are you in control?
The desire to feel like we’re in control seems to be a very basic human need. Are you in control? Do you like to control your environment? Well? Were you successful in that endeavour? C’mon, be honest. Because—Control—is an illusion! Let me give you an example…
Zero-Risk Bias
My brain is flawed. It is a flawed lens through which I see reality. This is true of both mouse brains and human brains. But a human brain is a flawed lens that can understand its own flaws—its systematic errors,…