Bounded Rationality – Socratic Wisdom

By working with emotionless machines as a yardstick, the impact of our emotional disturbance upon our decision-making ability can be mitigated. Conversely, we, humans, can continuously make improvements upon the existent systems in order to refine their accuracy, reduce errors, and expand their capacity to deal with larger volumes of data and information. Such augmented human capacity aided by computers, machines, Big Data and AI will undoubtedly continue to be the heart of our future societies. Continue reading Bounded Rationality – Socratic Wisdom

Why can volatility be so high?

why can volatility be so high in today’s somewhat sophisticated world of investment? What are the causes peculiar to today’s global financial market? There are supposedly a number of underlying reasons for high levels of volatility that have been witnessed in recent years. Continue reading Why can volatility be so high?