What is hyperbolic discounting, and how is it related to investing? Before I answer that, let me first give you a thought experiment. Below are three scenarios that I want you to consider. Carefully read the question, and answer immediately which among the two given choices you prefer. Scenario A I’m giving you money. Which […]

Tags: cognitive bias, hyperbola, hyperbolic discounting, Investing, investor, Mindset, why people don't invest