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Let's zoom in to the level of the individual. How do you approach investing differently, knowing what you do about the psychology of decision-making? One theme is contemplating different outcomes and attaching probabilities to those. There is this notion called the inside-outside view. The inside view, which...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

Powazek e-mailed about 70 Australian photographers to tell them he was assembling a magazine and ask if they would like to be involved. They weren't offered any compensation - and only one turned him down. Powazek laid the photos out using Adobe InDesign, put together an introduction and sent...

Author: /time Magazine | Title: From Natural Disaster Comes ... an Instant Magazine | 9/29/2009 | See Source »

It turns out that just three mechanisms combine to explain both activities. The first is our propensity to continue repeating a task once we've started: "Once you send one e-mail or write one letter, you tend to do another," says Malmgren. The second is our circadian sleep-wake...

Author: /time Magazine | Title: 'Sorry I Haven't Written': A Scientific Explanation | 9/29/2009 | See Source »

On top of that, the way the tax credit is being implemented at times echoes certain practices that may have helped get us into the housing mess. For example, some state housing agencies are allowed to provide second mortgages to buyers who don't have enough money for a down...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

The Kennedy legacy has long rested on the shoulders of its two most glowing sons: He Who Was President (John) and He Who Could Have Been (Bobby). Yet it may be He Who Never Was--Teddy, the youngest in the nine-sibling Kennedy brood--who has had the most lasting...

Author: /time Magazine | Title: The Skimmer | 9/28/2009 | See Source »

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