A Game for You - It's Related to Investor Psychology
Are You Predicably Irrational? Should you be??
Let's play the door game.
Yes, this is a psychological experiment which can be related to your investing habits should you be inclined to make the connection. There are 2 parts to the game.
Tomorrow (or Sunday), I will post some commentary on what this means. Or you can poke about the website yourself (after you play). I have not read the book, but will put it on my list since I love this stuff (and yes, I've read Zweig's latest).
Besides biotech, I really really enjoy behavioral investing theories. Just fascinating stuff in my opinion. I will always believe that 'how you invest' is far far more important that 'what you invest in'.
One reason I am such a fan of CAPS is that I believe one can't help but learn lessons about themselves while 'playing'. Not simply related to their skill levels at selecting stocks, but also about their mentality in making stock selections (patience, rationality, degree of diligence, risk levels, all of it).
P.S. - I won, but I read about the game before I played it. I'd be curious to hear how a few scored on the two parts.