Hints and tips:
...Robert Armstrong Katie, you go first. Katie Martin Look, it’s recency bias and I know I’ve gone on about it a lot, but I really love The Fund by Rob Copeland....
...Katie MartinYeah....
...But Katie, as you say, recency bias is a very strong psychological phenomenon. And people really forget....
...It’s been a long time of markets just hanging on whatever the data says and really falling into the trap of recency bias because they know that the Fed is doing the exact same thing....
...Marc FilippinoDamn shame, Katie. Oh well, anyway, Katie Martin is the FT’s markets editor. Thanks so much, Katie. Katie MartinPleasure....
...audio transcript of the Unhedged podcast episode: ‘Good job numbers and a bad attitude’ Ethan Wu Some investors — and this is certainly true of us financial journalists — have just a strong negativity bias...
...At an event in London last week, JPMorgan Asset Management‘s chief executive George Gatch explained why he’s not touching either of them, writes our columnist Katie Martin....
...“I understand the behavioural bias of people intuitively waiting for the last shoe to drop, but the data doesn’t support it when you look at the history of equities.”...
...Others are calling for individual tax incentives to generate a home bias and encourage UK savers to invest in domestic companies, or to attach a degree of conditionality to pension funds’ tax breaks....
...“All the big financial institutions went into 2023 thinking there would be a massive US recession and they all got their arses handed to them,” says FT markets columnist Katie Martin....
...Murad Ahmed, technology news editor Bit of recency bias, but enjoyed the latest from John Carreyrou in The New York Times on Netflix’s lost sci-fi series....
...Wilson said a big part of the problem was “a bias in the selection process [and] about our perception of what a leader looks like. It feeds into our choice.”...
...katie.martin@ft.com...
...Then there are human rights issues, like racial bias in facial recognition or the potential for mass surveillance, which the European parliament, among others, has been preparing to crack down on....
...Apparently his nickname among FX traders was “Two Scoops”, and it took us a while or took Katie a while rather, to work out why he was called Two Scoops....
...In his stead, we’ve got a star-filled line-up of FT subs, including the triumphant return of Katie Martin. Today, some objections to Wall Street’s new favourite bit of jargon....
...It’s been quite a year, much like all the others, but this time with recency bias. Summarising it shouldn’t be the responsibility of just one publication....
...Katie Koch, chief investment officer of public equity at Goldman Sachs Asset Management, is leaving after two decades at the US bank....
...“There were little bits of what you could call unconscious bias,” Burgess said....
...But with racial pay disparities and unconscious bias against minority groups still major issues in publishing, some retailers are doing their part to keep the momentum going....
...Here is one, a private bank chief investment officer, as quoted by my colleague Katie Martin: The bears are constantly looking for signs that the world is going to end....
...Letter in response to this article: Beware ‘optimism bias’ in market predictions / From Malcolm Gooderham, Senior Partner, Elgin Partners, London W1, UK...
...content policy in particular is at the whim of political and media pressure, with senior leadership allowing exceptions to be made either to placate a vocal high-profile figure, or to avoid accusations of bias...
...Switzerland’s Federal Criminal Court ruled that a probe into Gianni Infantino, the president of Fifa, world football’s governing body, was tainted by bias....
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