Back at my old stomping grounds, I used to write about the same topics that I currently write about at Baseball Prospectus, but when I wrote about a behavioral phenomenon that had particularly ...
Our brains are wired to spot patterns, but in financial markets, that instinct can distort judgment and cost you money.
When ordinary people make judgments or inferences, they do not operate like a logician or statistician might. They fail to use some of the relevant information, and they fail to ignore other ...