Information Overload World News Today

>> the odds of you standing there with the big check are just north of zero. so, why do we buy a ticket? >> are you ready. >> scott hotel is part of duke universitys neuroeconomics team, exploring among other things why smart people make foolish decisions with their money. >> people dont buy a lottery ticket just because they have a chance of winning. they will buy a ticket because over the next couple days it allows them to fantasize what they would do if they won the lottery. in a se...

Out about just about everything. because your brain is a reactive mechanism and thats one of the protective aspects of the human brain, is its built to respond and one of the keys i think to financial success in a complicated information overload world, is to ask yourself, do i need to react. the answer more often than not will be no. >> well theres this joke on wall street, dont just do something, stand there. because we like to think we make logical decisions but sometimes we dont. >> and its ...