171 books
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187 voters
Behavioral Economics
185 books
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226 voters
“
Despite [the “talking heads” we revere] inability to outperform a dartboard, we continue to look to them and pay them exorbitant salaries. Why? Because they are bold. Surety is baseball, red meat, and the pioneer spirit. Doubt seems wimpy and “Continental.
”
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
“
The sheer number of new businesses that fail speaks to the optimism of entrepreneurs to wander down such a gauntlet, and their willingness to believe that norms don't apply to them. But on average, of course, they do.
...more
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