Looking at the central role emotion and uncertainty play in financial decision-making and behaviour for finance professionals and the wider public
Humans have a great capacity for exercising control over their environment and for detecting patterns in the confusing mass of information they face. This capacity can also mislead; not least in financial markets. Have you ever looked at the clouds and seen faces or the shapes of animals. Did you as a child see monsters… Continue reading It’s clouds’ illusions I recall . . . trading and the illusion of control
A brief trawl of media comment on the banking industry over the last few years suggests that the industry is awash with criminals and fraudsters. The picture of traders, often presented in the press, is of amoral risk-takers with bosses who are always ready to turn a blind eye if profits are being made. There… Continue reading LIBOR, rogue traders and the supply of motivated offenders
Emotional Finance 