“And while those survival instincts are quite useful in general, when translated into a modern world, and especially a modern investment world, they make us prone to all sorts of errors. Think of chasing momentum all too often in the… — James Montier Copy Share Image
“Groups have powerful self-reinforcing mechanisms at work. These can lead to group polarization—a tendency for members of the group to end up in a… — James Montier Copy Share Image
“And while those survival instincts are quite useful in general, when translated into a modern world, and especially a modern investment world, they make… — James Montier Copy Share Image