Statistical Thinking
Investabot
Read the book Moneyball by Michael Lewis and check out how humans make poor decisions compared to
more statistical approaches. Then consider doing the same thing to investment. Is selling half after some
stock doubled a good idea? If I lose money on a stock, should I wait until the price goes back to where I
purchased it and then sell? My emotions and instinct tell me to do that. Are my emotions wrong?
donbot
Next
Investabot
Read the book Moneyball by Michael Lewis and check out how humans make poor decisions compared to
more statistical approaches. Then consider doing the same thing to investment. Is selling half after some
stock doubled a good idea? If I lose money on a stock, should I wait until the price goes back to where I
purchased it and then sell? My emotions and instinct tell me to do that. Are my emotions wrong?
donbot
Next
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