The Flaws of Efficient Market Hypothesis in Behavioral Finance

A person picking a dollar bill from a money tree

What’s the efficient market hypothesis in behavioral finance? What are the flaws of the efficient market hypothesis? While famous economist Richard H. Thaler agrees with the EMH’s claim that it’s impossible to consistently beat the market, he disagrees with the claim that securities’ prices always reflect their intrinsic value. He considers three arguments against this thesis. Take a look at the three arguments against the efficient market hypothesis below.

How to Gain Self-Discipline With Emotional & Logical Tools

A person running up a hill as they gain self-discipline.

Do you give in to impulsive behavior? Do you know how to gain self-discipline? Peter Hollins, the author of The Science of Self-Discipline, has a variety of internal strategies to improve your discipline in the long run. By becoming more self-disciplined, you’ll be able to endure the distractions life throws at you and steadily progress toward your goals. Let’s look at how to gain self-discipline with these emotional and logical tools.

The Importance of Purpose in Life (+ How to Find Yours)

The Importance of Purpose in Life (+ How to Find Yours)

What’s the importance of purpose in life? How does a purpose maximize human performance? In Peak Performance, Brad Stulberg and Steve Magness argue that purpose is crucial for exceeding our limits. They contend that having a purpose that goes beyond our interests is essential to maximizing performance because such purposes help us overcome our perceived psychological limitations. Let’s look at why everyone should have a purpose they strive to achieve.

Rachel Carson: Pesticides Do More Harm Than Good

Rachel Carson: Pesticides Do More Harm Than Good

Why did biologist Rachel Carson criticize pesticides? How effective are pesticides for pest control? According to Silent Spring by Rachel Carson, pesticides aren’t necessary to protect food in countries like the United States. She also argues that they threaten the nature of the ecosystem and ultimately strengthen pests. Continue reading to learn more about Carson’s findings on pesticide usage.

How to Age Slower: 6 Methods to Regain Your Youth

A young woman wondering how to age slower as an older version of herself looks at her through a mirror.

Are there ways to slow down the aging process? How do hormones speed up biological aging? While there’s no way to stop or reverse aging, you can certainly slow down the process to live a longer life. Since aging refers to the decline of a person’s health, there are several remedies you can use to stay youthful for as long as possible. Learn how to age slower by rebalancing your hormones, nourishing your body, and more.

Can Stress Be Good for You? 3 Ways to Take Advantage of Stress

Can Stress Be Good for You? 3 Ways to Take Advantage of Stress

How can stress be good for you? What are ways to take advantage of stress, rather than let it defeat you? Brad Stulberg and Steve Magness say that a combination of stress and rest is essential for growth, and discuss the optimal way to structure these cycles. We’ll focus on three of their recommendations for incorporating stress. Check out Stulberg and Magness’s recommendations below.

Prisoner’s Dilemma in Economics: Would You Betray or Cooperate?

Prisoners holding dollar bills behind bars as symbolism of prisoner's dilemma in economics

What’s the prisoner’s dilemma in economics? How does the prisoner’s dilemma represent cooperation? The prisoner’s dilemma is an experiment that reveals if people would betray or cooperate with their partners, depending on the reward and punishment. This theory can be applied in an economic setting as well. Check out how the prisoner’s dilemma works when it comes to finances.

The Top 2 Personal Development Factors: Stress and Rest

The Top 2 Personal Development Factors: Stress and Rest

What factors contribute to personal development and growth? How do you recover your body after periods of strain? According to Brad Stulberg and Steve Magness, achieving maximal performance requires understanding how to grow in the first place. Consequently, they begin by outlining their formula for the type of growth that allows you to harness your potential. Continue reading to learn more about the top two personal development factors.