Bad Analysis

[whatisis]

I tend to dislike posting links to blogs, but this one seemed very appropriate for this sub-forum:

http://badanalysis.blogspot.com/2006/10/10-reasons-your-co-workers-make-stupid.html

It discusses some of the reasons people make bad decisions.

 

[acronym]

Brilliant.

 

[nkhoi]

then this blog show how to make good decision
http://www.marketingsecrets.com/images/rebootmethod/rebootmethod.html

 

[ultranet]

nice post....
but we all do mistakes...., only have to figure how, when it happens and why..

 

[Cognition]

Overconfidence is your biggest enemy:

"A recently-published study by Brad Barber and Terrance Odean from the University of California found that overconfidence seems to play a key role in explaining why retail investors underperform when they switch from phone-based to online trading. This is the opposite to what one might expect given that 'straight-through' order processing is widely promoted as a positive development which leads to faster, more profitable trading results."

http://www.wrenresearch.com.au/research/020902au/index.htm