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Your money and your brain

By Nick on Tue, 2007-09-11 22:52
(via money.cnn.com)

Jason Zweig talks a bit about recent discoveries in behavioral finance: "Understanding how those feelings - as a matter of biology - affect your decision-making will enable you to see as never before what makes you tick, and how you can improve, as an investor."

"The process of deciding advantageously," concludes Damasio, "is not just logical but also emotional."

Hat Tip: MFI Diary

CrossProfit on Sat, 2007-09-15 06:42
Title: Thank you Nick

Thanks for bringing MSTR to our attention.

As an aside, we are all too much aware of emotional decisions at CrossProfit. Never a good idea to make 'rash' decisions.