Seeing People’s Illusions As Lies Creating Needless Conflict
Posted on02 Dec 2019
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Lies upset people. They start conflicts. When people hear blatant untruths, defenses kick in. They jump to the quick and say they’re... Read More
Efficient Markets are Mirages
Posted on31 Jan 2011
Tagsfundamental analysis, financial markets, EMH, Elroy Dimson, efficient market hypothesis, economic bubbles, beliefs, behvioral economics, investing, Why Newton Was Wrong, The Economist, power behind beliefs, Paul Marsh, neoclassical economics, momentum effect, Mike Staunton, London Business School
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Emotions drive human decision-making, a key assumption behind the effectiveness of intuitive approaches. However, mainstream economic theory – as represented by neoclassical... Read More
