Sentences with phrase «psychological biases»

These same psychological biases are part of the reason for the boom - bust cycles in the stock market and why the average investor get hurts repeatedly.

By understanding and learning from these tendencies, we better equip ourselves to avoid psychological biases when investing.

However, I don't think that many people are aware of just how much psychological bias goes in to a given discussion.

The legal effect can be identical, but a subtle psychological bias can be introduced by selecting loaded words as definitions or terms.

This dependency on belief and its host of psychological biases is why, in science, we have built - in self - correcting machinery.

Performance chasing should not be due to myopia, irrational loss aversion, or other psychological biases.

It promised to target voters» «unconscious psychological biases,» by using massive amounts of data develop personality profiles, which could then be used to create extremely specific ads.

These inefficiencies are caused by the public's psychological bias toward betting «Favorites.»

He claims that the nature of a country's political system — specifically, whether it is a democracy or a dictatorship — is determined by psychological biases triggered by the threat of disease (See «Genes, germs and the origins of politics»).

I would say it's probably a simple psychological bias and an unwillingness to look at it.

Maybe they have a strong psychological bias against occasional whipsaw losses and do not mind bear market drawdowns.

In other words, the sportsbooks played on the public's general psychological bias towards betting on the «favorites» to bet even more money on supposed lopsided games.

Psychological biases cause investors to underreact or overreact to new information, as fear, greed, and emotion tend to drive investment decisions.

At the risk of being susceptible to confirmation bias — one of the many psychological biases Mauboussin suggests good investors need to be aware of — I loved the podcast and the paper.

The fact that few people are literate about science in general and climate / energy in particular and, that in the absence of literacy, opinions, ideologies and psychological biases run riot, isn't a surprise.

When litigants integrate data and models with decision sciences research showing how psychological biases and heuristics lead to suboptimal results, they acquire new and valuable tools to assess their alternatives.

To ensure that the findings were actually related to individual's social circles and not some other psychological bias, the researchers then analyzed data from over 4000 voters in New Zealand.

The company closely associated with Ted Cruz's data - centric primary campaign has switched teams: Cambridge Analytica, the London - based outfit that boasts an ability to target voters based on their unconscious psychological biases is now working behind the scenes for Donald Trump.

«Scarcity taps into a psychological bias we humans have, but companies and designers need to use it ethically.

My question to both of you is really apt to psychological biases.

(The Irrelevant Investor) The psychological biases that leave us unprepared for disaster (Tim Harford) What do the -LSB-...]

When a high quality stock is sold down due an earnings miss, a product issue, a management change, an industry or regulatory issue, a geopolitical event or some transitional business issue there's a decent chance investors have over-reacted to the negative news due to psychological biases.

If students get a sound education in the history, social effects and psychological biases of technology, they may grow to be adults who use technology rather than be used by it.

If that argument is true then these would be psychological biases that people are not necessarily consciously aware of — we wouldn't expect them to show up in a survey like this.

Beyond relying on objective evidence, systematic approaches isolate trades from the psychological biases, internal politics, and other personal and organizational stresses that too often interfere with executing sound investment strategy.

Hindsight bias, denial, overconfidence and other psychological biases are powerful.

«Am I under the influence of any psychological biases?»

Humans are prone to misjudgement and psychological biases — we aren't always objective.

James Montier, in his book The Little Book Of Behavioral Investing, explains the prevalence of this psychological bias in the field of soccer.

Kahneman won the 2002 Nobel prize in economics for his research on the psychological biases that distort rational decision - making.

In this elegant assessment of the human condition in the third millennium, cognitive scientist and public intellectual Steven Pinker urges us to step back from the gory headlines and prophecies of doom, which play to our psychological biases.

The company, which claims to harvest massive amounts of data to develop personality profiles and target voters» «unconscious psychological biases», has been swept up in an investigation by the UK Information Commissioner's Office (ICO).

They'd rather pick up 1000 tokens than a fraction of a token (this is purely a psychological bias but it exists nonetheless) and this has made cheap tokens attractive in many cases over the last few months.