Curious Investor Behaviour - Number 7
Hindsight Bias
The mind seems to retain information in a series of compressed narratives, and to update "history" as...
Curious Investor Behaviour - Number 6
Anchoring
Faced with uncertainty, investors will grasp at any fixed point of reference when forming opinions. In a classic experiment, behavioural psychologists Kahneman...
Curious Investor Behaviour - Number 9
Cognitive Dissonance
When there is a conflict between our beliefs and reality, we tend to rationalise irrational behaviour.
Cognitive dissonance...
Reflections on Investment - Number 8
Get Rich Slowly
It makes a great deal of sense to compound wealth steadily rather than going for bust.
Wouldn't you rather...