Carlos Fentanes
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The Illusion of Stock-Picking Skill
“In 1984, Amos and I and our friend Richard Thaler visited a Wall Street firm. Our host, a senior investment manager, had invited us to discuss the role of judgment biases in investing. I knew so little about finance that I did not even know what to ask him, but I remember one exchange. “When…
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Thinking, Fast and Slow
“For some of our most important beliefs we have no evidence at all, except that people we love and trust hold these beliefs. Considering how little we know, the confidence we have in our beliefs is preposterous—and it is also essential.” Daniel, Kahneman. “Thinking, Fast and Slow.”
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Price Market
It’s funny, we were trying to update the value of a Gaby’s jade piece: a small Chinese sculpture of a bird of about 10 “(25cm) high. We think that one way to get an idea of the price was looking at some websites. We look for similar pieces on eBay and Christie’s among other places,…
Carlos Fentanes 