Tuesday , November 5 2024
Home / Mike Norman Economics / Tyler Durden – iAddiction: “I Was A F**king Mess Yesterday”

Tyler Durden – iAddiction: “I Was A F**king Mess Yesterday”

Summary:
An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.” Zero Hedge  Tyler Durden - iAddiction: "I Was A F**king Mess Yesterday"

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.

Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.”

Zero Hedge 



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *