Money and Finance
- Links
Seth Alexander and Joel Cohen of MIT Investment Management Company talk to Sanjay Bakshi's class (LINK) Warren Buffett and the Great Salad Oil Swindle [H/T Linc] (LINK) Related book: Dear Chairman: Boardroom Battles and the Rise of Shareholder...
- Wsj: Peer Pressure And Other Pitches
Thanks to Will for passing this along. More businesses are using behavioral economics to appeal to customers, seeking to capitalize on the notion that people don't always act in their economic self-interest. Behavioral economics is popular among academics,...
- Fortune: How Bernie Did It
There were other mysteries, as we shall see. But even after it detonated five months ago in a fireworks display of betrayal and recrimination, Madoff's scheme -- possibly the biggest investment fraud in the nation's history -- has remained among...
- How Obama Is Using The Science Of Change
Great find from Simoleon Sense (where I find a lot of the things I post). Two weeks before Election Day, Barack Obama's campaign was mobilizing millions of supporters; it was a bit late to start rewriting get-out-the-vote (GOTV) scripts. "BUT, BUT,...
- The Endowment Effect: It’s Mine, I Tell You
Mankind’s inner chimpanzee refuses to let go. This matters to everything from economics to law-“I AM the most offensively possessive man on earth. I do something to things. Let me pick up an ashtray from a dime-store counter, pay for it and put it...
Money and Finance
TED Talk - Dan Ariely: Why we think it's OK to cheat and steal (sometimes)
Related book: Predictably Irrational: The Hidden Forces That Shape Our Decisions (also available in an Audio Book)
Related link: Dan Ariely offers 3 irrational lessons from the Bernie Madoff scandal
- Links
Seth Alexander and Joel Cohen of MIT Investment Management Company talk to Sanjay Bakshi's class (LINK) Warren Buffett and the Great Salad Oil Swindle [H/T Linc] (LINK) Related book: Dear Chairman: Boardroom Battles and the Rise of Shareholder...
- Wsj: Peer Pressure And Other Pitches
Thanks to Will for passing this along. More businesses are using behavioral economics to appeal to customers, seeking to capitalize on the notion that people don't always act in their economic self-interest. Behavioral economics is popular among academics,...
- Fortune: How Bernie Did It
There were other mysteries, as we shall see. But even after it detonated five months ago in a fireworks display of betrayal and recrimination, Madoff's scheme -- possibly the biggest investment fraud in the nation's history -- has remained among...
- How Obama Is Using The Science Of Change
Great find from Simoleon Sense (where I find a lot of the things I post). Two weeks before Election Day, Barack Obama's campaign was mobilizing millions of supporters; it was a bit late to start rewriting get-out-the-vote (GOTV) scripts. "BUT, BUT,...
- The Endowment Effect: It’s Mine, I Tell You
Mankind’s inner chimpanzee refuses to let go. This matters to everything from economics to law-“I AM the most offensively possessive man on earth. I do something to things. Let me pick up an ashtray from a dime-store counter, pay for it and put it...