Category Archives: books

Super Crunchers – Are We Living by Numbers?

by Ian Ayres The recent phenomenal growth in computing power has given rise to a whole new numerical discipline in which massive datasets are analyzed to the nth degree and updated in real time. The results of this super crunching … Continue reading →

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Predictably Irrational?

Much to the chagrin of economists and financial theorists human beings generally don’t behave as though they have computers in their heads, ie we don’t always do what’s most likely to maximize our utility (well-being). Rather, our actions are naturally … Continue reading →

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Investing Psychology – Does Wealth Begin in the Mind?

Traditionally the study of economics and finance is based on the assumption that people always behave rationally. In reality people often behave irrationally, ie not in their own quantifiably best interests. Behavioral finance, the combination of psychology and financial theory, … Continue reading →

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Are Stocks Too Cheap?

Back in 2000 James Glassman and Kevin Hassett published the book Dow 36,000. The book argues that historically stocks have been priced way too cheap. The book’s premise is that stocks are traditionally considered a riskier (ie more volatile) investment … Continue reading →

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The Warren Buffett Way

If you leave enough monkeys sitting at typewriters for long enough one of them will eventually tap out a masterpiece of literature. Today it’s widely held that it’s impossible to consistently beat the markets. Yet one man stands alone for … Continue reading →

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