‘Trust Your Gut’ Might Actually Be Profitable Advice on Wall Street, Study Says (Published 2016)
David Gellesnytimes.com
‘Trust Your Gut’ Might Actually Be Profitable Advice on Wall Street, Study Says (Published 2016)
The study revealed two striking results. First, traders with greater sensitivity to the inner life of their bodies had made significantly more money in the previous year. Second, the more years a trader had been working, the greater his interoception, as though the trading floor were selecting for that trait. Coates’s research demonstrates that wha
... See morePhilip Shepherd • Radical Wholeness: The Embodied Present and the Ordinary Grace of Being
This advice may sound familiar; it lies at the heart of books like Blink and Gary Klein’s The Power of Intuition, which promise to help readers harness their gut feelings. But for executives taught to methodically frame problems, consider alternatives, collect data, weigh the options, and then decide, cultivating emotional self-awareness may seem l... See more
Gardiner Morse • Decisions and Desire
Indy Neogy added
The Hour Between Dog and Wolf: Risk-taking, Gut Feelings and the Biology of Boom and Bust
amazon.com
“Gut reactions are usually very wrong or very right.
They tend to be wrong when they are based purely on emotion and in domains where you lack experience. They tend to be right when they are rooted in deep understanding and well-developed taste.
Trust your gut when you have the experience to back it up.”
They tend to be wrong when they are based purely on emotion and in domains where you lack experience. They tend to be right when they are rooted in deep understanding and well-developed taste.
Trust your gut when you have the experience to back it up.”
James Clear • 3 Ideas, 2 Quotes, 1 Question (October 10, 2019) | James Clear
Isaac Feldman added
The secret of great trading: you need to be fast in the sense of being adaptive and agile, but you can’t be erratic. You can’t get weak knees at every little spike move swaying you one way or the other. You need to be resilient through noise, but not obstinate. So, it’s that line of fast and slow, that adaptiveness, that is really key. The key to a
... See moreW. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Trusting Your Gut
My favorite advice about the role of feelings in decision-making is this short Quora post by Auren Hoffman (founder/CEO of LiveRamp). The concise summary of the advice is: “You should trust your gut to avoid things, but you should use data to decide to take action.”
My favorite advice about the role of feelings in decision-making is this short Quora post by Auren Hoffman (founder/CEO of LiveRamp). The concise summary of the advice is: “You should trust your gut to avoid things, but you should use data to decide to take action.”
Stay SaaSy • Advice That I Can't Get Out of My Head
Abhilash Rao added
In a paper titled “Trading Is Hazardous to Your Wealth,” they showed that, on average, the most active traders had the poorest results, while the investors who traded the least earned the highest returns. In another paper, titled “Boys Will Be Boys,” they showed that men acted on their useless ideas
Daniel Kahneman • Thinking, Fast and Slow
What separated the good from the great investors had little to do with their analytical tools but a great deal to do with how they made decisions.
Michael Mauboussin • Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More (#659) - The Blog of Author Tim Ferriss
sari added