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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. You can be sure that sharp handicappers have figured out how to take advantage of I'll Have Another's mispricing. Too much optimism or pessimism leads to extremes.

Beyer 14
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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. You can be sure that sharp handicappers have figured out how to take advantage of I'll Have Another's mispricing. Too much optimism or pessimism leads to extremes.

Beyer 10
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An Exercise to Get Your Team Thinking Differently About the Future

Harvard Business Review

Daniel Kahneman, the Nobel Prize-winning economist and author of Thinking, Fast and Slow , observed that decision makers get stuck in a memory loop and can only predict the future as a reflection of the past. Thinking about the future is hard, mainly because we are glued to the present.