While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear.

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

Great investors need to have the right combination of intuition, business sense and investment talent.

The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear.

Labor is getting more expensive and technology is getting cheaper.

Maybe we should teach schoolchildren probability theory and investment risk management.