What Happens When There Are Limits on Bankers’ Bonuses? Do bankers make too much? That question has been widely discussed ever since the 2008 financial crash, which many experts blamed (in part) on a system of compensation that excessively rewarded … Continue reading Do bankers take crazy risks?
The Brexit Happened – A Behavioral Finance Analysis Obviously the financial markets were caught by surprise on June 24th – the day after the UK-referendum on the membership in the EU. A day which has been proposed to be celebrated … Continue reading The bias effect on Brexit
Why transparency would have saved us from the 2008 financial collapse From my desk at Bear Stearns, where I’d traded mortgage-backed securities for years, I watched as the financial and housing markets crashed in 2008. A few months later, there … Continue reading Transparency is not just a buzzword
Would you trust your money to a robot that is a better investor than you? Listen to those at the cutting edge where investing meets technology and they will tell you that robo-advice is the future. This new breed of … Continue reading The onset of robo-advice
Seriously Bad Ideas One thing we’ve learned in the years since the financial crisis is that seriously bad ideas — by which I mean bad ideas that appeal to the prejudices of Very Serious People — have remarkable staying power. … Continue reading Why do economists have so many bad ideas?
Eastern Exchanges Last week didn’t start well for Beijing Baofeng Technology Company. An online-video company whose products include a cheap virtual-reality headset, it saw its stock tumble twelve per cent over two days of trading, after Chinese regulators said that … Continue reading The Chinese speculative bubble
Disrupt or Be Disrupted: Exponential Finance Is Coming to Wall Street This June Technology moves as fast as the market. If you’re a leader or entrepreneur in most industries, you need to keep a close eye on a handful of … Continue reading How technology can manage information overload in financial markets