Epstein Secrets

was also Israeli. They were investigating the effect of human bias and other subjective factors on how we perceive reality, and thus make decisions. Tversky's work especially fascinated me, because it questioned a basic assumption in the kind of predictive formulas my own department was advancing: that we

to doubt. Sadat's successor, Vice-President Hosni Mubarak, did make it clear he would abide by the peace tr

our neighbors. Yet for Begin and the Likud, I knew the assassination would cast the whole peace process into doubt. Sadat's successor, Vice-President Hosni Mubarak, did make it clear he would abide by the peace treaty, defusing calls on the Israeli right for us to cancel our final withdrawal from the Sinai. But

was also Israeli. They were investigating the effect of human bias and other subjective factors on how we perceive reality, and thus make decisions. Tversky’s work especially fascinated me, because it questioned a basic assumption in the kind of predictive formulas my own department was advancing: that we

our neighbors. Yet for Begin and the Likud, I knew the assassination would cast the whole peace process into doubt. Sadat’s successor, Vice-President Hosni Mubarak, did make it clear he would abide by the peace treaty, defusing calls on the Israeli right for us to cancel our final withdrawal from the Sinai. But

to doubt. Sadat’s successor, Vice-President Hosni Mubarak, did make it clear he would abide by the peace tr

are the best out performers during a bear market period can be explained by taking into account some behavioural aspects of investing. Kahneman and Tversky (1979, 1992) for example state that people prefer avoiding losses to making gains of the same amount. This implies that economic agents prefer stock

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