Monkey fund managers may do just as well as human24 December, 2010, 9:47. Posted by Zarathustra
Tags: Laurie Santos, Markets, Monkeys, Psychology
Human being is far from being rational as economists suggested. And as it turns out, Laurie Santos realised that monkeys have similar behavioural biases as human being. If that is the case, our irrationality has a deep root which stems from our predecessors millions of years ago.