How a human may correct for a faulty brain

The more general question is “Do you have a list such as the one below and use it to
methodically choose your investments?”

A deeper question is, “Do you believe that humans were designed by natural selection?”
If so, then do you have a list of things that the human brain tends to make mistakes?
In other words, when a brain which evolved to have proper instincts on the plains of Africa
is trying to apply itself to modern economic commodity and stock trading, isn’t it likely to
have poor instincts?

What have you done to counteract the set of problems?

Humans have both intuitive reflexive systems of thinking and more deliberative rational
systems as well.  The intuitive system is older and tends to dominate the rational system
unless you deliberately take steps to counter this human tendency.  What specifically do
you do to suppress your instinct when making important decisions?

The male brain is especially vulnerable to being distracted by thoughts of sex.  

Gary Markus has written a book called Kludge in which he points out how sloppy the
human brain has been put together by “random variation and natural selection”.  Have you
read this book?





4 Reasons to take a position in a stock or commodity

1. You may want to take a contrarian position.  A contrarian investor is someone who
deliberately decides to go against the prevailing wisdom of other investors.


2. The infomercial factor. The best indicator of a turning point for any investment, in my
experience, is infomercials. If an investment gets so popular it invades the pre-dawn hours
with non-stop but-wait-there’s-more offers, it’s time to get out.

3. How is the ratio of this item relative to historical ratios.  The ratio of silver to gold price,
for example, may give you a hint as to which of them might be priced too high or too low.

4. Mark Hulbert tracks opinions so that you can find out how valid contrarian opinion
might be.


The Power of Focus: What the Worlds Greatest Achievers Know about The Secret of Financial
Freedom and Success
by Jack Canfield, Mark Victor Hansen and Les Hewitt

Kluge : The Haphazard Construction of the Human Mind by Gary Marcus


"Brent Vouri knew he was going to die..." (more)  Key Phrases: mastermind group,
consistent persistence, focusing partner, Level of Being, Building Excellent Relationships,
Creating Optimum Balance (more...)

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