Tagbehavioral finance

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)...

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...