Archive - September 15, 2015

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Choosing Stocks and Investments: You’re Only Human

Choosing Stocks and Investments: You’re Only Human

How do humans choose stocks and other investments? We often fool ourselves and tend to get stuck.

In writing about behavioral economist Richard Thaler’s theories in The Washington Post, Barry Ritholtz points out that our brains were designed to survive in the wild but that while the stock market may seem wild, picking investments is very different from avoiding predators.

How many times have you heard the line, “There are two kinds of people in this world…?” For Thaler, those two types are “Econs” and “Humans.” Before you decide that you are one or the other, we should …

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