Minds & Markets
28 January 2021, Matthew Machin
24 December 2020, Matthew Machin
This Christmas edition of our financial psychology series uses the science of honeybee
behaviour as a framework to explain why trust in the financial services industry is at an
The new Robinhood retail stock jockeys see anything they want to see. In fact, all
of us are blindsided by beliefs, including hedge fund managers. What is to be
Investors are increasingly nervous of rising asset prices but not entirely sure why,
other than a vague sense of dread and an uncanny feeling of déjà vu.
15 January 2021, Matthew Machin
First in this series, we explore the possibilities afforded by two-level theories to resharpen
conventional econometric and stock valuation models which have been bent and blunted by
post-2008 zero interest rate dynamics.
14 December 2020, Matthew Machin
Focus on what is actually driving markets, not what should drive them in a utopian
world. And remember, every bubble contains the seeds of truth and of future
12 February 2021, Matthew Machin
9 April 2021, Matthew Machin
Experts are mostly abominable financial forecasters, bad at short-term forecasting,
bad at long-term forecasting, bad at forecasting stock prices. Yet investors continue
to rely on the experts, even when their track records suggest otherwise.
Photos by Ken Cheung, Anne Nygård, Marc Sendra Martorell, Rvoji Iwata , Kristina Four, Mark König, snowscat, krisna iv, Johannes Plenio, Sarah Kilian, Dimitry Grigoriev, Katie Moum; all on Unsplash
Why Minds and Markets?
Demystifying the relationship
between psychology and finance