Personal
Cognitive-Biases-Life-Hack
By Taking Care Of My Own Business  •  November 5, 2016
Emotions are the main cause and driving force in the stock markets. Last week I shared some thoughts why understanding our mind as a tool that tries to live in an uncertain world is an important challenge. Because the brain hums away invisibly in the background, we tend to overlook its contribution and take it for granted.  Misunderstanding the working of our own mind does not, thankfully, prevent the mind from doing its work.  Making errors about the inside of our head doesn’t change what’s there. And that mind of ours tricks us all of the time. We are biased. Constantly. We can never be immune to biases, but the more we know, the safer we will be from self-deception. Be warned though: Studying biases can in fact make you more vulnerable to overconfidence and confirmation bias, as you come to see the influence of cognitive biases ......
Read the full article
By Taking Care Of My Own Business
Why you should be Taking Care Of Your Own Business or why you should Tacomob. Hi, my name is Andy.Andreas G. Schmidt (aka Andy) What motivated me to create this website? Well, sometimes, one can observe a lot by watching ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance