‘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)
Simons and his researchers didn’t believe in spending much time proposing and testing their own intuitive trade ideas. They let the data point them to the anomalies signaling opportunity. They also didn’t think it made sense to worry about why these phenomena existed. All that mattered was that they happened frequently enough to include in their up
... See moreGregory Zuckerman • The Man Who Solved the Market
Les Schwab learned firsthand that trusting your gut can defy conventional limits and transform industries:
“I’ve often said that sometimes guts pays off more than brains, because, if I had followed advice, and, if I had had a formal business education behind me, I never would have started the profit sharing contract in the form I did.”
Instead of rel
... See moreSam thought time pressure favored him. It wasn’t that he thrived under pressure; it was that he didn’t feel it. He wasn’t better than usual when he was on a clock; he just wasn’t worse—and most people were. Other people felt emotions; he did not. Most people, facing a complicated problem and a ticking sound, had trouble seeing quickly what mattered
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