retaliator (58)in Project HOPE • 3 years ago • NoneHuman misjudgment - How we get things WRONG!Rationality We have discussed rationality and thought a lot , and, in the end, we concluded that humans tend to…retaliator (58)in Project HOPE • 4 years ago • NoneProbabilities are complicated - How YOU misjudge uncertainty!Probabilities The probability of an event tells us how likely it is no happen in the period of time we're…retaliator (58)in Project HOPE • 4 years ago • NoneThe consequences of high Efficiency - Making money is HARD!Efficiency We explored Efficiency on one of my previous posts , but, in short, it is a measure of how well prices…retaliator (58)in Project HOPE • 4 years ago • NoneThe Human Value Function - How we make DecisionsValue Function In one of the most cited papers in Economics, Kahneman & Tversky present the Value Function:…retaliator (58)in Project HOPE • 4 years ago • NoneMarket Efficiency - What is it?Market Efficiency Efficiency is defined as: How quickly is new information considered for determining the price…retaliator (58)in Project HOPE • 4 years ago • NoneHow Inflation can wipe out your savings, debt, and Bond investments - At the same time!Inflation I talked about Inflation in a previous post , but, in essence, you can think about it as a decrease in…retaliator (58)in Project HOPE • 4 years ago • NoneHow Limited Liability allows you to invest! - LLCs explainedBefore Limited Liability For a long time, investors in a company were liable for that company's bad decisions…retaliator (58)in Project HOPE • 4 years ago • NoneTake advantage of Shorting! - What really is Shorting and how Investors can use this toolShorting You probably already heard of the term Shorting and maybe even have some idea of how it works, but how…retaliator (58)in Project HOPE • 4 years ago • NonePortefolio Diversification - Why it's so important and how it works!Risk I've talked about Risk in a previous post, and how we can minimize our chances of failure using…retaliator (58)in Project HOPE • 4 years ago • NoneDisasters and Insurance - Protecting ourselves from the WorseDisaster Insurance Disasters are, sadly, a common occurrence in our world. As such, many tools have been created to…retaliator (58)in Project HOPE • 4 years ago • NoneThe problems with Insurance - Moral Hazard and Selection BiasInsurance I talked about Insurance in my last post , but, in short, you can think of it as any imaginable…retaliator (58)in Project HOPE • 4 years ago • NonePreventing Risk - How Insurance WorksRisk Just like we saw in my last post , every single decision we make carries with it some risk. So, how can we…retaliator (58)in Project HOPE • 4 years ago • NoneRisk - Why nothing is risk-free and how to compare different Risks!Risk Risk is also a board game "the possibility of something bad happening" ( Cambridge Dictionary ) It's…retaliator (58)in Project HOPE • 4 years ago • NoneFinance is a Tool - What does that mean for Society?Finance We have explored Finantial Markets in an earlier post. Now, we'll cover it again, but this time…retaliator (58)in Project HOPE • 4 years ago • NoneWhy your Happiness can't increase foreverHappiness As we have explored in my last post , happiness is influenced by many factors, namely material and…retaliator (58)in #economics • 4 years ago • NoneTake a look!Click it You know you want it ;) Itretaliator (58)in Project HOPE • 4 years ago • NoneHappiness and Money - How does Money influence happiness?Happiness and Money In classical economics, it's assumed that humans have unlimited wishes, we always want…retaliator (58)in Project HOPE • 4 years ago • NoneHow effective is Foreign Aid? - Is it worth it?Foreign Aid Foreign Aid is international help sent by richer countries to developing countries. It is intended to…retaliator (58)in Project HOPE • 4 years ago • NoneHow do immigrants affect the economy?Immigration People migrate inside their own countries and between countries for various reasons, the main one being…retaliator (58)in Project HOPE • 4 years ago • NoneWhy do taxes exist??Taxes Taxes have been a part of human society from the beginning of time, from the Roman Empire to the Egyptians.…