Tagged: daniel kahnemann

The Halo Effect | Painting: Saint Lawrence by Bonanat Zaortiga

The Halo Effect

Don’t put people, or anything else, on pedestals, not even your children. Avoid global labels such as genius or weirdo. Realize those closest get the benefit of the doubt and so do the most beautiful and radiant among us. Know the halo effect causes you to see a nice person...

The Sunk Cost Fallacy: Persisting on the past

You have a diverse portfolio. You have sold a great share of your portfolio with a considerable profit in the past financial year. Everything is as you like it to be and the stock markets all over the world are acknowledging your heavenly talents. There’s just … just that little...