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 negative wealth effect. Show all posts
Showing posts with label negative wealth effect. Show all posts
Saturday, 17 December 2011

Can money buy happiness?

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Can  money buy  happiness? Yes , if you re  poor . Money is better than poverty, Woody Allen quipped, if only for financial reasons. If we...
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Saturday, 21 November 2009

Fatal downside and Wealth effect

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Although the overall expected value of dice game version A is positive, there is one situation in which you should not play it - when the ...
Sunday, 14 December 2008

It's All in Our Heads - the Negative Wealth Effect

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DECEMBER 2, 2008, 12:01 P.M. ET Essay It's All in Our Heads We spend how we feel -- even when our reality hasn't changed much at all...
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