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
TagsPaul Marsh, power behind beliefs, The Economist, Why Newton Was Wrong, neoclassical economics, behvioral economics, beliefs, economic bubbles, efficient market hypothesis, Elroy Dimson, EMH, financial markets, fundamental analysis, investing, London Business School, Mike Staunton, momentum effect
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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
