Emotional Intelligence circa 2014

Fast Company recently wrote that EI or emotional intelligence is beginning to be considered along SAT scores in college admittance – at Yale no less! Likewise, the New York Times reported on how emotional awareness tactics are helping discouraged job seekers find work. What’s up with this? Why is emotion – that feared and denigrated […]

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Neuroscience & The Risk Manager including White Paper The Art of Algorithmic War

Coates, Shull, other experts weigh in on risk professionals’ attention to their discipline Thursday, May 02, 2013, Risk Professional Magazine (published by the Global Association of Risk Professionals – GARP) By Katherine Heires Over the past 20 years, advances in brain imaging technology and other methods of analyzing neural activity have yielded important insights into […]

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The Problem with Cyprus

The market reaction to the weekend announcements regarding Cyprus shows the degree to which confidence and context affect investors’ and traders’ decisions. It is impossible to believe that European Union, IMF and Cyprus government officials were not aware of the effect their proposal would have on confidence in the entire banking system in Europe. It […]

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The Secret Ingredient to Success in The NYTimes

Last Sunday, the most successful trader I knew from the Chicago Options pits texted me this – “Self-examination is the key to noodle making and other accomplishments.” Now you should know two things – 1) this guy NEVER texts – we have been friends for going on 20 years and this is the very first […]

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Why Does the SEC Love Press Releases?

At the Compliance Exchange, I posted some thoughts on the SEC sending a Wells Notice to Netflix and their CEO, Reed Hastings. It turns out that that Holman Jenkins at the WSJ agrees with me.

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Risk & Uncertainty: Better Judgment

It’s easy to confuse the two but as Frank Knight wrote almost a century ago, they are two different things. Little did he know, that in addition to his logic, the brain reacts to each differently. With risk, or KNOWN probabilities, the brain can handle it in a more or less linear way. With uncertainty, […]

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The MIT Sloan fellows were great!

~  a ton of fun! Yes at MIT! The psychology of risk about which I speak applies to any business decision. It’s great fun to get out and talk to people who are learning to make better risk decisions – even if they aren’t necessarily market decisions. Thanks to Katherine Kaminsky PhD of AlphaK Capital […]

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It never ceases to amaze me ho…

It never ceases to amaze me how “Regret Theory”, while SO instructive, has been missed by psychologists & economists. http://t.co/lNfxouQ2

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CNBC Squawk Box on Market Mind Games

In case you missed it, here’s my segment on CNBC Squawk Box this morning. Had a ton of fun with Joe and Andrew. More later. FRIDAY the 10th … and yes, this Joe, this approach DOES work with putting too! In fact, it may work even better with putting because there are actually fewer uncertainties […]

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The Psychology of Why Europe Will NOT Implode

In two words – “cold war”. Psychological research shows that whether we know it or not, everything we perceive, analyze and decide upon, we do so from a social-emotional context. We like to tell ourselves that we are being objective but our beliefs and our confidence in them come from our backgrounds – a social-emotional […]

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