Year: 2006

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How the Recency Effect Hurts Investors

November 30, 2006 – Here is the Wikipedia definition of the psychology phenomenon known as the recency effect: “A cognitive bias that results from disproportionate salience of recent stimuli or observations. For example, if a driver sees an equal total…

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I’m Playing Nostradamus Today

November 24, 2006 – Lately there has been much buzz surrounding authors of political books that have predicted the death of Palestinian leader Yasser Arafat, the Iraq War and other major political events. The books are controversial and make great…

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