Wednesday, May 27, 2009

Sometimes we can't see the forest for the trees

Part Behavioral finance, part cycling, and part a study in how the brain works, the following "Test" is eye opening at least.

We all get so caught up in seeing what we want to see that we sometimes miss the obvious. This effects us in many ways: In finance, if bullish (optimistic), we are more apt to see the good news, if bearish (pessimistic) you see only bad news.

That is one reason why big break throughs happen from those outside the field. It is one reason why sabbaticals and vacations are important. But it can also have important implications in many other ways.




Go ahead, take the test. It takes about a minute.

Cross posted on FinanceProfessor.com's blog, Olean Cycling club's blog (which is currently almost inactive :( ), and RandomTopics2.


thanks to the Tour of the Gila for pointing this one out.

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