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McDonald is the creator of The Bear Traps Report, [1] an investment newsletter providing weekly market insights, specific investments, and global trends. McDonald is a frequent writer for Forbes Magazine and a guest contributor on Bloomberg, CNBC, and Fox Business News. He is the author of the new bestselling book, "How to Listen When Markets ...
Predictably Irrational: The Hidden Forces That Shape Our Decisions is a 2008 book by Dan Ariely, in which he challenges readers' assumptions about making decisions based on rational thought. Ariely explains, "My goal, by the end of this book, is to help you fundamentally rethink what makes you and the people around you tick.
The tendency to judge a decision by its eventual outcome instead of the quality of the decision at the time it was made. Pessimism bias: The tendency for some people, especially those with depression, to overestimate the likelihood of negative things happening to them. (compare optimism bias) Present bias
A hidden profile is a paradigm that occurs in the process of group decision making.It is found in a situation when part of some information is shared among group members (i.e. all members possess this information prior to discussion), whereas other pieces of information are unshared (i.e. information known to only one member prior to discussion). [1]
An increased awareness of the separate nature of one's self stated as context and one's actual experience stated as content in the book, can reduce worry and stress on a person. While worrying is a natural emotion for everyone, excessive worrying can interfere with problem-solving and decision-making. [3]
A book report is a summary of what a particular book is about, and typically includes: Theme and character analysis; The tone, time and also the setting of the story; The author of the book and when it was published among other key details of the book; State out quotes used to support the message being emphasized in the story
The Wall Street Journal said the book "lose(s) steam" in a consideration of decision-making at a global scale, illustrated with the issue of climate change, but its final chapter, regarding a momentous personal decision, seems to be "from the heart." [6]
The Hidden Connections is a 2002 book by Fritjof Capra, in which the author proposes a holistic alternative to linear and reductionist world views. He aims to extend system dynamics and complexity theory to the social domain and presents "a conceptual framework that integrates life's biological, cognitive and social dimensions". [1]