Submitted by
Users who Dugg This
Paul Sanchez
2659 Followers
Angelina Lee
734 Followers
MerrySparrow
669 Followers
Entrepreneur Boss
2714 Followers
Aquil Akhter
1744 Followers
David Stonecipher
662 Followers
captininsanityAug 4, 2010
Please do not let Glenn Beck hear the word “monkeynomics”. He would jizz his pants if he found out he could say that word on TV...
antdudeAug 6, 2010
Steve Ballmer too with his monkey dances. :P
kpmooreAug 4, 2010
Very interesting, I didn't realize how our aversion to losses is causing such poor decision making. I'll try and be more conscious of this bias in the future.
nuefektsAug 4, 2010
hmm, I wonder how this relates to the voting system.
captininsanityAug 4, 2010
It would be possible to say that the negative language of the media may influence people to make riskier decisions. What the end result of that is, I'm not sure.
Closed AccountAug 4, 2010
s**t on my face! twist that buttery nipple! BWUP
webpopeAug 4, 2010
Wow, she discovered that the marketplace is full of risk, potential gain and potential loss. GASP!
Without going into any detail, she advocates selling stock at the slightest bit of short-term decline. Even though during the Great Depression, from beginning to end, the average rate of return was 5% (pssst thats a profit). So taking her advice, we take the loss and play it safe and bankrupt every company in the world because we sell their stock as soon as they have the slightest hiccup.Comment is buried, click here to see the rest.
adamalAug 4, 2010
You completely missed the point of this talk. It has nothing to do with stocks, it was just used as an example. It was about human/animal nature when it comes to resources.
ninjaofpatienceAug 4, 2010
What can be said of a man who has no ability to perceive but from the perception of his pocket?
webpopeAug 5, 2010
You could say he's seen the light? Everyone thinks like that until the have money. Then they understand. If you won a million dollars I can guarantee you, no matter the strength of your convictions, you would go on a spending spree.
cbrown127Aug 4, 2010
I read about this in either Nudge or SuperFreakonomics. The book said as soon as they figured out that the money had value they exchanged money for sex.
barackalypseAug 4, 2010
The monkies at least had the good sense not to trust a bankrupt Government to save them from their bad choices by making more of the same bad choices on a larger scale.Comment is buried, click here to see the rest.
spazzmckiwiAug 4, 2010
Dugg for "Failblog Worthy Decisions"
stronganimalAug 4, 2010
The "Risky" salespeople were minorities. The "Safe" salespeople were white.
sledgeboxAug 4, 2010
Weren't the chooses a statistically equal risk?
In any case, 35 million years of taking risks when faced with possible loss has proven to be advantageous (or of negligible disadvantage). If not, then we would not have that tendency, right?
cnevarezAug 4, 2010
which would mean that the success of our species is solely based on luck?
corneljeAug 4, 2010
Salesman are fully aware of this.
antdudeAug 6, 2010
/me throws feces.
mbtshoesfitAug 20, 2010
MBT Shoes us, mbt ,mbt shoes clearance, mbt women for a shoes, mbt shoes discontinued
http://www.mbtshoesfit.com/
GHD Hair Straightenters, ghd straighteners, ghd hair products
http://www.ghd-hair-straighters/