Posts filed under “Cognitive Foibles”

Dilbert: Beating the Average


Source: Dilbert

Category: Bad Math, Cognitive Foibles, Humor, Investing

The Basic Simple Truths of Investing

For investors, it’s a perfect time to go back to the basics Barry Ritholtz Washington Post, December 21, 2014     Look around you: This is the time of year when the pages of newspapers and magazines are filled with predictions and lists and all manner of money-losing nonsense. I have pushed back against much…Read More

Category: Apprenticed Investor, Asset Allocation, Cognitive Foibles, Investing

NFP, Inflation & Conspiracy Theories

    Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers — Jack Welch (@jack_welch) October 5, 2012     Today’s column is about stupidity. Perhaps that’s overstating it; to be more precise, it is about the conspiracy-theorist combination of bias, innumeracy and laziness, with a pinch of arrogance thrown in for…Read More

Category: Bad Math, Cognitive Foibles, Data Analysis, Economy, Really, really bad calls

Once Again, the Gold Narrative Fails

Will they never learn? Yesterday, oil rallied 4.3 percent and gold gained 3.6 percent as commodities had an up day after a long and painful fall. The fascinating aspect of the trading wasn’t the $45 pop in gold, nor the even greater percentage rally in oil, but the accompanying narrative. (As of this writing, each…Read More

Category: Cognitive Foibles, Gold & Precious Metals, Psychology, Really, really bad calls

Stop Making Intellectually Disingenuous Market Arguments

The quality of our discourse is decaying. This was once a standard complaint about the tone and depth of our national political debate. Now it has spilled into the financial realm. Shall we blame Twitter, trolls or bloggers? I am unsure of the underlying reason. But as we have seen far too, financial discussions seem…Read More

Category: Apprenticed Investor, Cognitive Foibles, Financial Press, Really, really bad calls, Weblogs

Your Brain Can’t Handle Green on the Screen

We have said a good deal in this space about the futility of trying to time short-term market moves (see e.g., this, this and this). No one has demonstrated the ability to do this consistently over time. While it is possible to avoid the very largest of collapses over long periods of time using a…Read More

Category: Cognitive Foibles, Psychology, Really, really bad calls

College: The Great Unleveler

Source: Opinionator

Category: Cognitive Foibles

AAII Presentation: Brain on Stocks

The ongoing battle between you and that large, mostly under-utilized slab of grey matter resting atop your spinal cord, doing very little of anything (except keeping you alive…)   AAII Brain on Stocks Presentsation NYC 2014   Downlaod: AAII NYC 2014  

Category: Cognitive Foibles, Psychology

How Is Your Brain Interfering With Your Investing?

I am the guest speaker tonight at AAII’s NYC meeting in midtown. The subject: Why your brain is the source of nearly all of your investing errors, and what you can do about it. (Details here).   Click for more details   Should be fun!

Category: Cognitive Foibles, Investing, Psychology

What I learned after 30,000 posts . . .

After 30,000 posts, Big Picture blogger has figured a few things out Barry Ritholtz Washington Post, September 19, 2014     Sometime last week, I published my 30,000th blog post. This was no small accomplishment — I started the Big Picture blog back in 2003. Since then, I have published a stream of charts, investing…Read More

Category: Apprenticed Investor, Cognitive Foibles, Weblogs