Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

TODAY John McIntyre takes a long whack at an ill-thought-through catalogue of usage shibboleths, to which I commend the reader. The first example he gives could use a little more illustration here.

Narrative fallacy is a term introduced by Nassim Taleb [1]. It refers to our difficulty looking at a sequence of facts without connecting them in some way, either to each other or to something else we ...

Relationships have been the glue of business since people traded with shells. Thanks to social media, we can now connect and communicate with ever-larger numbers of people with a few taps and ...