Bad Analysis

Discussion in 'Psychology' started by whatisis, Oct 6, 2006.

  1. whatisis


  2. Brilliant.
  3. nkhoi

    nkhoi Moderator

  4. ultranet


    nice post....
    but we all do mistakes...., only have to figure how, when it happens and why..
  5. Overconfidence is your biggest enemy:

    "A recently-published study by Brad Barber and Terrance Odean from the University of California found that overconfidence seems to play a key role in explaining why retail investors underperform when they switch from phone-based to online trading. This is the opposite to what one might expect given that 'straight-through' order processing is widely promoted as a positive development which leads to faster, more profitable trading results."