January 2012
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The Entire Investment Profession Is Built On An...
Money managers across the globe had better take a contract out on Daniel Kahneman, a Princeton Professor of Psychology, who won the Nobel Prize in Economic Sciences for pioneering work with the late Amos Tversky on decision making.
One revolutionary thrust of Kahneman ‘s new bestseller, “Thinking, Fast and Slow”– is that all the predictions by analysts, economists, corporate CEOs and cable tv...