In my last two entries on this site, I discussed biases and heuristics. I wrote about them separately because I had plenty to say about both, which, for anyone who knows me, is not a surprise. What I ...

Cognitive shortcuts (or heuristics) and their consequent psychological and behavioural biases can profoundly affect and shape the judgments and decisions we make in our everyday and professional lives ...

About 40 years ago Danny Kahneman and Amos Tversky made some wonderful discoveries. They identified a set of heuristics that people use — availability, representativeness, anchoring and adjustment, ...

While humans often consider themselves superior to other beings on Earth, this status in the animal kingdom has its drawbacks. Our capacity for complex thought also means we are uniquely skilled at ...

In a world where things move a mile a minute, our brains are often tasked with processing large amounts of information within limited windows of time. When work requires that we multitask, under ...

Unlike classical economics, behavioral economics recognizes that human decision-making is influenced by biases and heuristics rather than being purely rational. Some of the biases highlighted by ...

Discover the crucial role of trading psychology in your investment strategy. Overcome biases to enhance decision-making, maintain discipline, and achieve long-term success.