stock market

Money Minded: How to Psychoanalyze the Stock Market

What makes investors do the wrong thing, all together, pretty much all the time?

There's just no nice way to say it: You're stupid with your money. You may fancy yourself a shrewd investor, but if you have normal human instincts—if you stand up and cheer at sporting events, if you follow the crowd toward the exit at the theater—then you have the instincts that make investors alternate between delirious greed and inconsolable fear. Like most of your peers, you are wired to buy high and sell low, and that's why Richard Peterson is about to become one very rich psychiatrist.

[ Read Full Story ]

Bye-Bye Bandwidth

An ordinary anchor-drop may have been the cause of a bandwidth drop so large it's affecting stock markets

Snapped undersea cables off the coast of Egypt have cut bandwidth in India to half its normal capacity. Users from Bangladesh to Egypt have been affected, and even Dubai's stock exchange experienced some problems late Wednesday. Big companies with backup plans probably won't be hurt too badly, but the outsourcing industry could experience some hiccups, as all those administrative and customer-service-related tasks could slow.

[ Read Full Story ]
READ MORE ABOUT > , , ,

PPX: The PopSci Predictions Exchange

RSS Link

New IPO

Hot Stocks

Ready to bet on the future? Start here!

Subscribe for 2 free issues!

may2008_cover.jpg