The CTN is a comprehensive investor experience model that integrates components of behavioral finance with Aaron Beck’s Cognitive Therapy via clinical psychology. This is a work in progress on this blog and you can read more about it here. The Cognitive Triangle is a critical structural component of Beck’s clinical model. It includes three modes of experience – thoughts...
Cognitive Theory of noise: introduction
I brought Eight Fat Swine Blog back, in part, to flesh out a comprehensive model of investor experience over the course of a bunch of posts and podcasts. In the coming weeks, I’ll lay out the model in detail and categorize related posts under the CTN Archive Here. All feedback is welcome on Twitter @ppearlman or via email at [email protected]. Introduction The Cognitive Theory of Noise (CTN)...
Gamifying longevity
I want to stay healthy and live as long as possible. I could high score above 100 years but I could also die tomorrow or maybe even later today – thwack by a bus or some other incidental calamity. Death and Decision Making Under Uncertainty Some critical factors related to lifespan are completely out of my hands and left to chance while other factors are within my control. You can think of...
Understanding and Helping PermaBear syndrome
I do an occasional podcast with my pal JC hosting called Money Game. Yesterday, he asked me about the case of experienced market participants who have an ingrained bearish bias that affects performance negatively. In last week’s post, I quoted Mowrer’s description of the neurotic paradox – how people sometimes repeat behaviors that are harmful. It is good context for the current...
CTN1: Let’s Begin Here …
O.H. Mowrer was a behavioral psychologist of some distinction during the middle part of the 20th century. He is not a central character of the CTN model I am going to lay out on this blog over the course of the next weeks and months but he does have a money quote that gets us thinking about similarities between irrational market participant behaviors and self-defeating experiences related to...