2min chapter

The Jordan Harbinger Show cover image

371: Maria Konnikova | Pulling Off the Biggest Bluff

The Jordan Harbinger Show

CHAPTER

The Effect of Odd Events on Our Actions Negatively

The effect is called mood as information. So we use our mood, how we're feeling and we use that to actually make totally unrelated decisions. The weather example is a really, really famous study on psychology by Schwartz and Chlor. There's a related study that shows that traders, that the stock market goes down on overcast days,. And if your sports team loses, you oftentimes will once again, crash the market.

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