Shares & Derivatives
Random thoughts: Jason Zweig’s concept of mind control
By Sillyinvestor  •  November 9, 2015
I have Just finished reading the book, The Little Book Of Safe Money, by Jason Zweig. What really intrigue me is the chapter on mind control, listing a series of unconscious biases that may hamper sound decision making. I was thinking through about it and realize I make several such mistakes/ tendencies. I wonder if there are others like me. Anchors. I always feel a stock is cheap after it break a new low from recent low. for example,  when sembcorp Industries keep breaking new low, and then rebounded. That low then became an anchor and I might disregard other quantative research I might have done. The same as ST engineering. I bought at a low of 3.24 a year ago. It then did rather well and stay above 3.4 for a considerable period of time. And when recently it went to 3.15 with pending CD of ......
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By Sillyinvestor
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