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Post by aaplsauce on Nov 28, 2021 23:17:09 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Nov 29, 2021 3:16:34 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Nov 29, 2021 7:19:39 GMT -8
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Post by aaplcrazie on Nov 29, 2021 10:53:22 GMT -8
🍏🚀
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Nov 29, 2021 11:29:17 GMT -8
LOL! Nice to see some recovery. These are interesting times, and like many I didn't even see Friday's changes until the short trading day was done. Psychology courses were never that interesting when I was in school, but especially on a short term basis it makes up so much of the rapid movements, while partially captured by the TA methods for trends without an outside influential event. These days I consider taking up behavioral economics or behavioral finance as an encore masters or doctorate degree. But it's more the wanting to understand how and why it works. I'm rereading "Predictably Irrational", and just the first few examples remind me of so many things in life, and how the framing and presentation can direct the outcome. I don't know how well it consistently translates over to Apple products and the choice of 3 levels, especially when there is a subset of different features and memory configs. But Apple does like to consistently throw a high bar out there on something, which helps set the relative valuations on other things. They might not sell many of the upper levels of Mac Pros or iPhones with 1T, but having those out there helps sell the mid and even low levels.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Nov 29, 2021 19:42:43 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Dec 1, 2021 2:33:33 GMT -8
LOL! Nice to see some recovery. These are interesting times, and like many I didn't even see Friday's changes until the short trading day was done. Psychology courses were never that interesting when I was in school, but especially on a short term basis it makes up so much of the rapid movements, while partially captured by the TA methods for trends without an outside influential event. These days I consider taking up behavioral economics or behavioral finance as an encore masters or doctorate degree. But it's more the wanting to understand how and why it works. I'm rereading "Predictably Irrational", and just the first few examples remind me of so many things in life, and how the framing and presentation can direct the outcome. I don't know how well it consistently translates over to Apple products and the choice of 3 levels, especially when there is a subset of different features and memory configs. But Apple does like to consistently throw a high bar out there on something, which helps set the relative valuations on other things. They might not sell many of the upper levels of Mac Pros or iPhones with 1T, but having those out there helps sell the mid and even low levels. I downloaded a copy of “Predictability Irrational” yesterday to the Book app and so far it’s been very interesting and thought provoking. We humans really are so predictable. Thanks 4aapl.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 1, 2021 7:55:46 GMT -8
I downloaded a copy of “Predictability Irrational” yesterday to the Book app and so far it’s been very interesting and thought provoking. We humans really are so predictable. Thanks 4aapl. Glad you're liking it. It's the "MIT Brew", later in the book, that reminded me of the book while talking with a friend at game night. Fun stuff! I'm a third of the way in, but then got sidetracked looking up Behavioral Finance courses and degrees. It's probably not something I want to get a Masters in, but it looks like there are several small classes or even courses online, including some free single classes or moderately priced sets that are more aimed at needed ongoing coursework for the likes of Financial Planners. www.behavioralfinance.com/behavioral-finance-educational-programsI plan to do the corsera one, but today will watch the lecture from the Yale one they specifically call out, and maybe go through the whole Yale series too. oyc.yale.edu/economics/econ-252-11/lecture-11www.coursera.org/learn/duke-behavioral-finance (starts anytime since it's online, but they bump the date on the page daily. Personally, I like the idea of coursera, where it is free but you can pay to get a certificate.)
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