Archivio per 19 aprile 2016

19
Apr
16

The Keynesian House Of Denial

See on Scoop.itGold and What Moves it.

We use the term “Keynesian” loosely to stand for economic interventionists of all schools. The followers of JM Keynes and Milton Friedman alike fit that category. So do some of the more rabid supply siders who claim the power to stimulate ultra-high economic growth with the tools of tax policy alone.

The common denominator is economic statism. That is, the assumption that the state, including its central banking branch, is indispensable to economic progress and prosperity.

As the various denominations of the Keynesian economic church have it, capitalism is always veering toward the ditch of under-performance and recession when left to its own devices and natural tendencies; and, if neglected by the wise policy-makers of the central state too long, it lapses toward outright depression and collapse.

Hal’s insight:
Click through for the rest.

See on davidstockmanscontracorner.com

Annunci
19
Apr
16

A Taxonomy of Behavioral Risk

Psychologists and investment professionals have now identified over 100 separate biases, heuristics and cognitive quirks that cause us to make poor financial decisions. While this work is important, it is also unwieldy for the average investor who has a basic notion that behavior matters but is unable to track and protect against such a broad universe of potential error. Understanding that these 100+ errors are all undergird by a few common psychological tendencies, Nocturne Capital created this Behavioral Risk Taxonomy. The 5 general themes here encompass all of the individual errors but also provide a simple framework from which advisory and investment processes can be constructed that seek to overcome these tendencies. The ideas presented in the document linked below were instrumental in designing our investment process and we hope they are similarly instructive in your own efforts at compounding meaningful wealth. Behavioral Risk Taxonomy

Sourced through Scoop.it from: www.nocturnecapital.com

See on Scoop.itBounded Rationality and Beyond

19
Apr
16

A Taxonomy of Behavioral Risk

See on Scoop.itBounded Rationality and Beyond

Psychologists and investment professionals have now identified over 100 separate biases, heuristics and cognitive quirks that cause us to make poor financial decisions. While this work is important, it is also unwieldy for the average investor who has a basic notion that behavior matters but is unable to track and protect against such a broad universe of potential error. Understanding that these 100+ errors are all undergird by a few common psychological tendencies, Nocturne Capital created this Behavioral Risk Taxonomy. The 5 general themes here encompass all of the individual errors but also provide a simple framework from which advisory and investment processes can be constructed that seek to overcome these tendencies. The ideas presented in the document linked below were instrumental in designing our investment process and we hope they are similarly instructive in your own efforts at compounding meaningful wealth. Behavioral Risk Taxonomy

See on nocturnecapital.com

19
Apr
16

How To Spend Money So It Brings You More Wellbeing – PsyBlog

Spending money so that it increases your happiness and wellbeing is an art form in itself. People who spend more on things that fit with their personality traits are happier, new research finds. For example, extroverted people are happier spending money in a restaurant. In contrast, the introverted get more pleasure from spending money in bookshops. A better fit between spending and personality was linked to life satisfaction more than total wealth or total spending. In other words: it matters less how much you have or how much you spend — what really matters is what you spend it on.

Sourced through Scoop.it from: www.spring.org.uk

See on Scoop.itBounded Rationality and Beyond

19
Apr
16

How To Spend Money So It Brings You More Wellbeing – PsyBlog

See on Scoop.itBounded Rationality and Beyond

Spending money so that it increases your happiness and wellbeing is an art form in itself. People who spend more on things that fit with their personality traits are happier, new research finds. For example, extroverted people are happier spending money in a restaurant. In contrast, the introverted get more pleasure from spending money in bookshops. A better fit between spending and personality was linked to life satisfaction more than total wealth or total spending. In other words: it matters less how much you have or how much you spend — what really matters is what you spend it on.

See on spring.org.uk




Time is real? I think not

aprile: 2016
L M M G V S D
« Mar   Mag »
 123
45678910
11121314151617
18192021222324
252627282930  

Commenti recenti

Lorenzo Bosio su Un testo che trascende le sue…

Inserisci il tuo indirizzo e-mail per iscriverti a questo blog e ricevere notifiche di nuovi messaggi per e-mail.

Segui assieme ad altri 1.044 follower

Latest Tweets

Annunci

%d blogger hanno fatto clic su Mi Piace per questo: