Chuckrox

GreenTomato Wrote:
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> Hi guys, I'm on book 2 right now and I find the
> behavioural finance section all over the place and
> don't really focus on the main point... Is this
> just me or is everyone else finding the same
> thing?

Really? I read through SS3 (Behavioral Finance) and I thought it was very well written. Each of the examples and probability questions have been built carefully to demonstrate the author's arguments. For instance, did you solve the probability problem on page 10 to figure out the correct answer of 96.04? Unless you know how to arrive at the correct answer yourself you are not going to be able to figure why people frequently go for the wrong choices (45% & 67%) - heuristic driven bias.

The readings are fully focused on the topic at hand - though it's not easy material to grasp.