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Spencer Burnstead's avatar

"Fundamentally, we aren’t nearly as stupid and ridiculous as often portrayed within behavioral finance."

Yes, such a seemingly benign but important belief. This is what bugs me the most about mechanized behavioral finance speak. People internalize the view of helplessness so much so that it becomes a self-fulfilling prophecy. To better yourself, you have to at least start from the premise and genuine belief that you have the potential to better yourself!

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Alex Ning's avatar

This is the best blog post that I've read for a while. I'm sharing with my friends.

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