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Author Topic: New theory on loss aversion (hint: Don't read Stephen King before investing!)  (Read 1760 times)

footenote

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New theory on loss aversion (hint: Don't read Stephen King before investing!)
« on: August 30, 2013, 06:41:55 AM »
Interesting new theory and experiments on evolutionary basis of our more "irrational" behaviors:

http://www.startribune.com/business/221574551.html

Entertaining evidence that you should read positive, happy-ending fiction before making investment decisions - not Stephen King!
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Brian Romanchuk

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Re: New theory on loss aversion (hint: Don't read Stephen King before investing!)
« Reply #1 on: August 30, 2013, 11:51:59 AM »
Actually, Stephen King is a pretty good strategist/economist at HSBC. You want to avoid H.P. Lovecraft, or Albert Edwards (a bear at Societe Generale) if you do not want to get scared off betore investing...
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footenote

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Re: New theory on loss aversion (hint: Don't read Stephen King before investing!)
« Reply #2 on: August 30, 2013, 02:35:52 PM »
I think reading "The End of Western Affluence" would not make me a confident investor...

http://economix.blogs.nytimes.com/2013/07/12/stephen-kings-economic-horror-stories/?_r=0
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