The Untold Secret of Best Practices
Processes trigger our emotions for security, for certainty. All too often processes become the end, not outcomes. Providers of all kinds, from... Read More
Mobile Workforce: Less “Face Time,” Less Advancement
One day long ago, I was working late for an employer when the President walked into the department and commented, “You’re working... Read More
Efficient Markets are Mirages
Posted on31 Jan 2011
Tagsinvesting, fundamental analysis, financial markets, EMH, Elroy Dimson, efficient market hypothesis, economic bubbles, beliefs, behvioral economics, London Business School, Why Newton Was Wrong, The Economist, power behind beliefs, Paul Marsh, neoclassical economics, momentum effect, Mike Staunton
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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
