Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label innumeracy. Show all posts
Showing posts with label innumeracy. Show all posts
Monday, 8 September 2008

Heuristic-driven biases: 5. Innumeracy

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5. Innumeracy People have difficulty with numbers. Trouble with numbers is reflected in the folowing: People confuse between "nominal...
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