Harvard Business Review

JUNE 8, 2012

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Since 1950, only 3 of 21 have managed the feat, and none have done so since 1978. The first lesson is about adopting the inside versus the outside view. That's about a 40% rate.

Beyer 14

Beyer Tversky Price Kahneman 14

Harvard Business Review

JUNE 8, 2012

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Since 1950, only 3 of 21 have managed the feat, and none have done so since 1978. The first lesson is about adopting the inside versus the outside view. That's about a 40% rate.

Beyer 9

Beyer Tversky Price Kahneman 9

Harvard Business Review

APRIL 2, 2014

In the long-version explanation of the prizes published by the Nobel committee last fall, Campbell was cited more often than anybody else, apart from the three winners. 2 is this distinction between short-term vs. long-term predictability. It feels like it’s got a little bit of Kahneman and Tversky in it.

CAPM 8

CAPM Discount Price Finance 8