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Decisions

The ‘Butterfly Effect’ of Our Financial Decisions
www.thesimpledollar.com

The “butterfly effect” refers to the metaphorical idea that a butterfly flapping its wings on one side of the world can, through a series of chain reactions, cause a hurricane thousands of miles away. I recently learned that the metaphor has its roots in chaos theory, which is an area of study that tries to […]

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Struggling Against Good Decisions with Bad Results
www.thesimpledollar.com

Back in the mid-2000s, I spent a year or two playing online poker as a side gig. At that point, when ESPN was hyping poker to the moon with endless replays of the World Series of Poker, lots of people were jumping onto online poker sites and just throwing money into tournaments without any sense […]

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Special Report: The decisions behind Monsanto's weed-killer crisis – Reuters
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Reuters Special Report: The decisions behind Monsanto's weed-killer crisisReuters(Reuters) – In early 2016, agri-business giant Monsanto faced a decision that would prove pivotal in what since has become a sprawling herbicide crisis, with millions of acres of crops damaged. FILE PHOTO: John Weiss looks over his crop of soybeans …and more »

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How Cognitive Loading Undermines Your Good Financial Decisions
www.thesimpledollar.com

One of the earliest posts on The Simple Dollar was centered around a trip to the grocery store that I took with my then-one year old son. The focus of the post was on comparing prices on various items and using the actual cost per serving to decide what to buy, as well as making […]

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