Well the wave has finally hit… it seems everyone on or connected to a Wall Street event is interested in hearing more about behavioral finance. PBS’ Nightly Business Report is doing a year-long special, private wealth managers are calling me to speak almost monthly, the largest “alternative investment” conference in the world called… Yet underlying [...]
Category: Pure Science
In short, …”tests show that Theory of Mind (ToM), rather than mathematical, abilities are better predictors of success in forecasting stock markets”.
On
10.11.09 • In
Emotion Analytics, Emotions & Decisions, Learning Psych Cap, Pure Science • by
DKS •
If you have tried reappraisal or what most call reframing or even reprogramming and it didn’t work for you, don’t waste one second wondering or worrying about why. The Darwinian nature of trading and the meaning of a red P&L is almost certainly a “bottom-up” emotion and behavioral & brain picture evidence says that strategy worsens the situation.
Right after “what the heck is psych cap” should come “what the hell is neuroeconomics”? Neuro on one hand and econ on the other? … Could they be more different – microscopic brain cells versus broad based financial interworkings? Having just received (Thanks Sandy!) my copy of NEUROECONOMICS, Decision Making and the Brain, edited by [...]
On
12.23.08 • In
Pure Science • by
DKS •
Check this out ….A study done in conjunction with a Harvard neuroscientist – unconscious processes in the most unlikely of places – a complete loss of vision.(Today’s New York Times Science Times) Go see the video at the website of Beatrice Gelber The brain is an amazing thing. Happy Merry to ALL DKS