This year’s Nobel Prize in Economics was awarded to Dr. Richard Thaler for his work on behavioral economics. Thaler has done a great deal of work to understand the stock market. Some economists start with the assumption that individuals make rational decisions when faced with economic choices, including how to invest in the stock market. Thaler took a different approach based on what he saw in the real world — that people aren’t always rational. —Sponsored Link— Forbes Mag Says This Strategy Is ‘Like Finding Money In The Street’ And Reuters magazine calls this type… Read More
This year’s Nobel Prize in Economics was awarded to Dr. Richard Thaler for his work on behavioral economics. Thaler has done a great deal of work to understand the stock market. Some economists start with the assumption that individuals make rational decisions when faced with economic choices, including how to invest in the stock market. Thaler took a different approach based on what he saw in the real world — that people aren’t always rational. —Sponsored Link— Forbes Mag Says This Strategy Is ‘Like Finding Money In The Street’ And Reuters magazine calls this type of trading “the new baby boomer hobby.” An anonymous trader — living at the base of the Smoky Mountains — just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday. Click here for the FREE REPORT… Thaler’s research found that, when faced with the need to make a decision in the face of uncertainty, people resort to heuristics, or an approach to problem solving where an individual uses their knowledge from past experience to make a decision. … Read More