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Entries in behavioural psychology (1)


Stressful Decisions

The problem's inside our own heads.

On Friday, 16th October, 1987, I ended a prosperous week with a few drinks at the Singapore Cricket Club. Our stock broking firm was flourishing. I was young, reasonably arrogant, and a millionaire.

On Monday morning, Asian share prices collapsed. Global markets did likewise that night. By Tuesday morning I was in debt.

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