Greece, Democracy, and the Psychology of Financial Collapse
"[T]he values to which people cling most stubbornly under inappropriate conditions are those values that were previously the source of their greatest triumphs." - Jared Diamond, Collapse: How...
View ArticleThe Aging Consumer and SST
An idealist believes the short run doesn't count. A cynic believes the long run doesn't matter. A realist believes that what is done or left undone in the short run determines the long run - Sydney J....
View ArticleMarketPsych on Nightly Business Report (NBR)
MarketPsych was on NBR Tuesday (08/08) (link here) discussing the fallout from the Knight Capital trading incident and its effect on investor confidence. The initial reaction of many people is to...
View ArticleMarketPsych Films Presents: The Facebook IPO - Part 2
In Part 1 of our series, Bob insists to his financial advisor, Helen, that he be part of the Facebook IPO. In Part 2 of our series (above) his position is down nearly 50%, but is he discouraged? Not...
View ArticlePlummeting Confidence in the Financial Industry
Another day, another fraud accusation at a major bank. Makes me want to put all my savings in bitcoin. Here is a graphic depicting the declining trust in the U.S. financials sector since 2000. Note...
View ArticlePsychopaths at Hedge Funds, Google, and The Persistence of Bad News
The School of Life Street craps â played with two dice on a sidewalk - is little like its casino brother. The odds are different, the pace is much faster, and your dealer is typically a hustler or...
View ArticleResentment Investing: Fading Soros, Emotional Ruts, and Doubting the Bull
Breaking the Bank When George Soros âbroke the Bank of England,â famously earning him $1.1 billion on a single trade, it was not only the Bank of England who was rocked by losses. Some ambitious...
View ArticleHurricane Psychology, Buying Pessimism (RIMM), and Finding Redemption
While forecasters predicted Hurricane Sandy would be the worst storm in New York history, many people did not prepare adequately. OK, to be perfectly honest, I did not prepare adequately. In...
View ArticleTraders Who Take Sex Hormones and the Impact of Investor Anger on Prices
"If taking female hormones actually helped you do your job, they would simply hire women here...But they don't. They don't think women are aggressive enough." ~ New York Post, citing an SAC employee...
View ArticleSlugs and Sugar: Gender Effects on Investing and Nokia
Slugs and snails And puppy-dogs' tails, That's what little boys are made of. Sugar and spice And everything nice, That's what little girls are made of. - Nineteenth century English nursery rhyme....
View ArticleThe Psychology of the Fiscal Cliff, Bullying, and the Impact of Stress on...
âYou have to remember one thing about the will of the people: it wasn't that long ago that we were swept away by the Macarena.â â Jon Stewart Leading group therapy for mentally ill prisoners is...
View ArticleMARKETPSYCH SHORT FILM: THE FISCAL CLIFF - PART 1
Speaking of the fiscal cliff - and who isn't these days - MarketPsych has a new digital short film up. It is part of our on-going series for financial advisors featuring Bob, the client, and his...
View ArticleThe Happiest Day of the Year and China Bottoming
âDuring holidays, [Norman Vincent] Peale once suggested, you should make âa deliberate effort to speak hopefully about everything.ââ ~ Oliver Burkeman Our in-house psychologist - Dr. Frank...
View ArticleMaking Resolutions Stick and The Least Trusted Banks of 2012
Resolutions, Honestly New Year's Day now is the accepted time to make your regular annual good resolutions. Next week you can begin paving hell with them as usual ~ Mark Twain Itâs 2013. Lot of...
View ArticleA Guide to International Investing: Unstable Government? Buy it. Happy...
âHe has to live in the midst of the incomprehensible, which is detestable. And it has a fascination, too, which goes to work upon him. The fascination of the abomination--you know. Imagine the...
View ArticleBuy to the Sound of Cannons: The Relationship Between Global Violence and...
"Buy on the sound of cannons, sell on the sound of trumpets" ~ Nathan Rothschild, 1810 Maybe you havenât heard the above quote, but youâve certainly heard this variation with the same meaning -...
View ArticleCryptocurrencies, Bitcoin, and the Psychology Driving Global Currency Values
âThere is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction,...
View ArticleDid We Contribute to the #HackCrash? Light-speed Information and the...
âRothschild coaches careered down highways; Rothschild boats set sail across the Channel; Rothschild messengers were swift shadows along the streets. They carried cash, securities, letters and news....
View ArticleWhen Will the Rally End? S&P Euphoria, French Frailty, and the Gambler's...
"On August 18, 1913, at the casino in Monte Carlo, black came up a record twenty-six times in succession [in roulette]. ... [There] was a near-panicky rush to bet on red, beginning about the time...
View ArticleMARKETPSYCH LINGUISTIC BREAKDOWN: THE PROBLEM WITH AAPL, TIM COOK AND GAME...
MarketPsych analyzes investing psychology. But in order to do that, we analyze language. The words we choose with shareholders, clients, and the media sometimes convey much more than we ever intend...
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