#Cognitive biases

There is no shortage of cognitive biases out there that can trip up our brains. By the last count, Visual Capitalist's Jeff Desjardins notes there are 188 types of these fallible mental shortcuts in existence, and they constantly impede our ability to make the best decisions about our careers, our

The human brain is capable of incredible things, but it’s also extremely flawed at times. Science has shown that we tend to make all sorts of mental mistakes, called “cognitive biases”, that can affect both our thinking and actions. These biases, as Visual Capitalist's Jeff Desjardins points out,

Every time, I look around this placeI see them screams but I hear no soundAnd the terrible things happen down the roadTo somebody else that I don't even know Nothing bad ever happens to meNothing bad ever happens to meNothing bad ever happens to meNothing bad ever happens to me -Oingo Boingo

As investors and traders, if we want to be good at what we do, we need to be objective.  We can't get emotional.  We all know this, but - it's not easy!  Humans are emotional creatures and that's why we trade algorithmic systems.  We want to make money, and not have huge losses.  The best methods

Submitted by Jim Quinn via The Burning Platform blog, “The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.” – Daniel Kahneman, Thinking, Fast and Slow   A couple weeks ago I was lucky enough to see a live one hour interview with Michael