the chronic getting, initial, active, create, target

LBriscoe

Acute vs chronic:

Behavioral tendencies that create chronic inefficiencies:

1) Beyesian Rigidity - anchoring, not changing views on new info
2) Price target revisions - upping target upon reaching initial target
3) Ebbulence cycle - getting active when markets rip, ignoring portfolio when mkts fall
4) Convoy behavior - do what your peers are doing...move in packs - "i don't care what it costs...I want to buy the salesforce.com"
5) Process vs outcome - this one escapes me...something about good results being more driven by luck than the analysis that went into the good performance???