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Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. Back in 2010, I was part of a team that started one of the early behavioral finance centers with one of the investment manufacturing firms in the United States.

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How the Financial World Adapts to Climate Change

Tom Spencer

Knowing the ins and outs of upcoming trends in finance is indispensable for any aspiring consultant. A prime example for such a question is how finance is adapting to the issue of climate change, and might assist its mitigation. Green Finance. Resilience Bonds. Final thoughts.

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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. I slogged through most of it.

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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. One example of Buffett’s approach is his investment in Coca-Cola. However, many of the mortgages had been issued to people who could not afford them.

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Risk Exposure vs. “Good” Outcomes

CaseInterview.com

The latter happened in 2008 (the cause of the Great Recession and stock market crash). The layperson thinks 2008 was a “bad” year. A person who has a more sophisticated and nuanced understanding of risk understands the risk EXPOSURES in 2007 and 2008 were not all that different. Using Kickstarter to finance a business.

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Consultant Ninja: The Curious Case of Equity Private, Part I.

Consultant Ninja

For the period of 2006-2008, I was somewhat entranced by the wizardry (and compensation) of my finance peers. One colleague, a Deutche Bank leveraged finance Associate, expressed interest in joining my consulting firm until he learned that it would entail a 70% pay cut, for example. link] [link] [link] [link].I

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Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

An example is a staff member getting an email that looks like it’s from the CEO which “could ask them to pay an invoice on their behalf or send them private staff details” ( CERT NZ, 2019 ). ‘Whale phishing’ attacks are also becoming more common. This is where the attackers target a prominent employee. Educate staff. Image: Pexels.

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