by Mawer Investment Management, via The Art of Boring Blog
This week we considered the argument that leaders that take risks should have something to lose; revisited market swing psychology; scheduled time to think; and discovered the motivational poster business may still be hanging in there!
The Economist asks podcast – Economist asks: should leaders face the music? (20:31 min)
Should decision-makers always have skin in the game? Professor and author Nassim Nicholas Taleb argues yes.
“I would never manage your money without having more to lose by having my own money in the same position. For example, hedge fund managers […] typically have their money in the fund. So they lose more in proportion of their net worth when they make a mistake than any of their clients.”
Musings on Markets – Testing times: market turmoil and investment serenity
A good walk through the numbers, the psychology, and the emotion of market swings.
Farnam Street – Your first thought is rarely your best thought: lessons on thinking
It’s a good idea to take some time to think. No, really—and take more than you think.
Quartz – Dorky motivational posters invented internet memes and changed the way we make fun of work
Remember that dangling cat encouraging you to just “hang in there, baby”? A fascinating rewind through the rise and fall and, rise—again?—of the motivational poster business.
This post was originally published at Mawer Investment Management
