by Stoffel | Oct 15, 2024 | Biases, Decision Making, Speculation
Do You Gamble? The Fine Line Between Investing and Speculation Many people lost lots of money in the past “investing” too much of their money into perceived lucrative opportunities. Think Gamestop. During the GameStop short squeeze in early 2021, many retail investors...
by Stoffel | Sep 22, 2024 | Biases, Decision Making
Bayes Reasoning: Smarter Decisions in Life and Investing Bayes’ reasoning is a powerful tool for decision-making under uncertainty. It’s used not just in statistics but also in various fields like medicine, artificial intelligence, economics, and investing. The crux...
by Stoffel | Sep 20, 2024 | Biases, Decision Making
Biases: How They Sabotage Your Financial Decisions This post on biases is structured into 3 parts: Part 1: Understanding Biases and Their Impact on Decision-Making Part 2: Individual Biases That Lead to Bad Financial Decisions Part 3: How Biases Influence Financial...
