The Secret to Investing? Outwit Your Brain - Jonah Lehrer

[trade350]

How much money has he made in the stock market?

[peterm3964]

I feel bad when I lose money .. WOW I needed a college graduate to bore me to death with that info . SHEESH

[venuecam]

The house always wins. Never bet against the house.

[86rishabh]

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[CammieSpectrum]

@rhugh052 of fear of rejection outwieghing potential gain from talking to someone...this has the feel of LB VS RB asymmetry....since Fear & Anxiety are associated with the LB, and Elation is associated with RB, at least according to the book 'My Stroke of Insight' by Jill Bolte Taylor

[hasatum]

While these statements are true, this advice has extremely limited value for a professional trader and potentially negative value for the layman. The last thing that who lacks a structured approach to trading needs to hear is that they should hesitate before quitting when they're ahead. This is the kind of advice that you'd expect to hear from a casino operator.

[jchien]

people panic sell all the time

[carehappens]

nice good looking smart shmuck

[VolcanicPenguin]

Interesting stuff!

[soccom8341576]

that does make some sense, but then people are only so predictable to a certain point. It's often these fun things we like to do that makes the markets go funny in the short run.

[ProtagonistNonTheist]

He looks really young.

[bilpayne]

it is hard to make an income on gold or silver good ideal to have some gold but you can buy an oil well or a farm and make a good income ever month before you have enough gold to do any good

[BearWa11ace]

The secret to investing is not doing it...it's horse shit... the big guys manipulate that game... u'll never win... you want to make your money work.. invest in individuals... do so with your mind...not your money.

[Slug99]

how about you invest in some english education.

[emirnkamelia]

what a disappointing clip

[Keylimedelight]

The 'u' really did not help your point man.

[Slug99]

The problem with his example bet is that it isn't perfect. Unless you start out with a large amount of cash, like 2000 dollars will the bet actually become worth taking because only with so much money can you make 100% sure that you can keep the game running long enough for the odds to play in your favor. You have to play like a thousand or more games.

[soccom8341576]

I doubt I'd have the patience to do a thousand games. Might have a greater chance of getting killed by that guy who wants his money back.

[chrisose]

Investing or Vegas.......

Vegas. I'll still be out the money but at least I can see a couple of cool shows.

[anikinippon]

or a couple of interpersonal shows for that matter ; )

[CognosSquare]

Oh how the mighty have fallen.

[CognosSquare]

This is the Doogie Howser of risk aversion theory. Fortunately he was able to drive there all by himself on his bigwheels.

[mavaddat]

This loss aversion is related, I think, to the reason why people stick with bad beliefs, despite realizing that they're bad. They want to hold onto the beliefs on the hope that one day, they'll become vindicated.