This is a slide from the very fascinating field guide to “Cognitive Biases – A Visual Study Guide by the Royal Society of Account Planning.”
You can see the full guide here: The Visual Guide to Cognitive Biases
click for larger guide
Hat tip Cory
Category: Markets
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Fascinating. Did these guys write a book?
@Daffyorburgs: Almost all of this can be traced to experimental social psychology research. Try Robert Cialdini or Nicolas Gueguen if you want a book.
Interesting. And perhaps on target. But looking at the last two years:
IMHO, seems to me any little guy with half a brain has rid himself of those biases relevant to being a little guy. Ripe for the picking. Not any more. As least as much.
BR’s rec for stops should have been the absolute last clue.
We’ll have to see.
OTH: Those biases relevant to big dogs just got reinforced mightily.
So I guess that’s a statement about the times. And the trend.
pop psych 201 revisited
prefer Dylan Hwy 61 revisited
Idiot Wind still blowing…
Debt hawks have the Semmelweis bias
Comment may be a bit OT, but could the destruction by oil from the BP well of the entire Gulf (and perhaps much more) reveal some cognitive biases extraordinaire?
Denis
Thanks!