TagMowrer

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...