Topic
Investor Behaviour & Biases
Costly financial mistakes rarely come from picking the wrong asset; they come from trusting the wrong intuition. Compounding underestimated, past performance read as a promise, saving confused with investing, a 1% fee that looks negligible: each bias follows a measurable mechanism. The analyses here put numbers on it, and the simulators let readers test their own assumptions against the arithmetic.
Where to start
Three reads, in order: the basics, the full mechanism, then what the data says.
01The basics How do stress tests shape bank behavior? Annual Fed stress tests determine post-stress capital ratios that constrain dividends and buybacks. AnalysisRead →
02The full mechanism Financial Education and Wealth Sequencing: Why the Order of Decisions Drives Fragility Most financial mistakes come from correct decisions made in the wrong order. In-depth analysisRead → 03The evidence The Most Revised Number in Finance: How NFP Revisions Systematically Mislead at Turning Points (1980–2026) The most revised number in finance. During recession windows, 71% of NFP revisions are downward, meaning policymakers consistently saw a better labor market… StudyRead → Research and data
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