Behavioural economics: Difference between revisions

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===Great dogmas===
===Great dogmas===
*[[Data will make us redundant]]
*Data will make us redundant
 
:*Signal to noise ratio?
:*Signal to noise ratio?
:*Derivatives
:*Derivatives
*Integrity of process is paramount: If the process is perfect, there is no risk
*Risk is bad
:*Risk is ''inevitable''
:*Risk is a condition precedent to return. Understand and manage risks; don’t try to banish them.
*[[This time it is different]]
*[[This time it is different]]
*[[We have banished risk]]
*[[We have banished risk]]