Saturday, September 24, 2005

Neuroscience and Investing

Bloomberg and the New York Times recently picked up on a neuroecononmics paper on the ‘dark side of emotion’ paper that suggested investors with lesions to certain parts of their brain out-performed controls when playing certain kinds of high-expected value repeated risky games.

I think the papers below are interesting to investors from a more general perspective when it comes to improving the quality of our decision-making.

How Neuroscience can Improve Investing
Risk is Feelings