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3 days ago

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4 days ago

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5 days ago

5 days ago

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6 days ago

Credence Independent Advisors Key Considerations of Behavioral Finance

The central issue in behavioral finance is explaining why market participants make systematic errors contrary to the assumption of rational market participants ( http://credence-wealth.com/ ).

Such errors affect prices and returns, creating market inefficiencies. It also investigates how other participants take advantage (arbitrage) of such market inefficiencies.

Some of the following traits, knows as heuristics follow.

Psychology concepts that affect the way you manage your investments.

In psychology and more specifically Behavioral Finance, heuristics are simple, efficient rules of thumb...

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The central issue in behavioral finance is explaining why market participants make systematic errors contrary to the assumption of rational market participants ( http://credence-wealth.com/ ).

Such errors affect prices and returns, creating market inefficiencies. It also investigates how other participants take advantage (arbitrage) of such market inefficiencies.

Some of the following traits, knows as heuristics follow.

Psychology concepts that affect the way you manage your investments.

In psychology and more specifically Behavioral Finance, heuristics are simple, efficient rules of thumb which people often use to form judgments and make decisions. They are mental shortcuts that usually involve focusing on one aspect of a complex problem and ignoring others. These rules work well under most circumstances, but they can lead to systematic deviations from logic, probability or rational choice theory.

The resulting errors are called "cognitive biases" and many different types have been documented. These have been shown to affect people's choices in situations like valuing a house or deciding the outcome of a legal case and in making financial decisions. Heuristics usually govern automatic, intuitive judgments but can also be used as deliberate mental strategies when working from limited information.

Read More: http://scriffon.com/Joshua_Morton/Credence_Independent_Advisors_Key_Considerations_of_Behavioral_Finance

May 20

Updated 6 days ago

Who's The Criminal

When cops pervert the intent of an ordinance who's the criminal? The people have spoken and the council has acted but the cops are still arresting black and brown kids even after decriminalization.

Critics: Cook County cops hooked on pot arrests
By Andy Grimm and Lolly Bowean Tribune reporters
Two years after marijuana possession became a ticketable offense, arresting people with a few grams of pot remains a bad habit for law enforcement, drug policy researchers said Monday at a...

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When cops pervert the intent of an ordinance who's the criminal? The people have spoken and the council has acted but the cops are still arresting black and brown kids even after decriminalization.

Critics: Cook County cops hooked on pot arrests
By Andy Grimm and Lolly Bowean Tribune reporters
Two years after marijuana possession became a ticketable offense, arresting people with a few grams of pot remains a bad habit for law enforcement, drug policy researchers said Monday at a Roosevelt University symposium.
Cook County has the highest rate of marijuana arrests anywhere in the U.S., according to a study released Monday by Roosevelt’s Illinois Consortium on Drug Policy. In 2013, there were nearly 16,000 arrests in Chicago for possession of marijuana and only 1,100 tickets issued.
The reasons need more study, but lead researcher Kathleen Kane-Willis suggested that writing tickets, which requires officers to test or identify drugs in the field and take them into evidence, is so cumbersome that officers may opt for the more familiar arrest.
“We have become addicted to arresting people with small amounts of marijuana,” Kane-Willis said. “This is a serious issue that really impacts people and is hard on them.”
Police Superintendent Garry McCarthy backed a 2012 marijuana ordinance adopted with broad support by the Chicago City Council.
“We will continue looking for ways to improve our implementation of the existing cannabis ordinance, and possibly even improving the ordinance itself, so our officers can focus on illegal guns and reducing violent crime,” he said in a statement issued Monday.
The Roosevelt study said last year 93 percent of misdemeanor marijuana offenses in the city were handled with arrests — a ratio of 14 arrests to every ticket, with most arrests in overwhelmingly minority areas. However, officials said, to date in 2014 about 86 percent of all misdemeanor cases include an arrest

  • deniseb Concerned Citizen

    Thank you for calling this to our attention. I agree with you wholeheartedly. We need to stand for our young men and against this blatant inequity that further destroys their chances for jobs and success later in life.

6 days ago

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Oct 12

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Oct 10

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Oct 09

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Oct 08

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Oct 08

Oct 08

reallyboring posted 1 photo to Flickr:

Oct 07

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Oct 06

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Oct 06

Oct 05

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Oct 04

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Oct 02

Updated Oct 03

crime scene on 78th and Jeffrey

Does anyone know what happened From 5:15am to about 5:45 (or later) they had the intersection and the entire block of 78th and Jeffrey blocked off. The buses were re-routed and crime tape was up around the entire intersection.

  • There was a shooting on the block of 78th and Jeffery at 3:20am. A 25 year old male was shot and killed.

  • It was on the news tonight, it was an Armed Robbery of a Security Guard.

Oct 03

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Oct 02

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Oct 01

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Sep 30

South Chicago Support for Southside Dog Parks

Dear Fellow South Chicago Puparents,

I'm reaching out to you in hopes we can connect and give support to one another in creating and maintaining safe and fun environments for our furkids to play, exercise and socialize.

There are currently three such places in Woodlawn aka 'Wooflawn' :
Jackson Bark (Road Hazards Agility Course), Wagsworth and Woofington.
https://www.facebook.com/wooflawn/
https://foursquare.com/v/jackson-bark-chicago-il/
https://foursquare.com/v/wagsworth-dog-park-chicago-il/
https://foursquare.com/v/woofington-dog-park/

There are also two more promising dog park developments underway;
one in South Shore's Rainbow Beach led by Marion...

Read full message…

Dear Fellow South Chicago Puparents,

I'm reaching out to you in hopes we can connect and give support to one another in creating and maintaining safe and fun environments for our furkids to play, exercise and socialize.

There are currently three such places in Woodlawn aka 'Wooflawn' :
Jackson Bark (Road Hazards Agility Course), Wagsworth and Woofington.
https://www.facebook.com/wooflawn/
https://foursquare.com/v/jackson-bark-chicago-il/
https://foursquare.com/v/wagsworth-dog-park-chicago-il/
https://foursquare.com/v/woofington-dog-park/

There are also two more promising dog park developments underway;
one in South Shore's Rainbow Beach led by Marion Brown marion.brown@gmail.com
https://www.facebook.com/SouthShoreDogBeach
and Bronzeville's Buckthorn Park led by Ephraim Lee xhle@hotmail.com

On a related note; if anyone has any old toys their pup has lost interest in, consider giving them a second life by donating them to one of the dog parks... also any grocery bags for the bag dispensers would also be greatly appreciated.

Sep 30

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Sep 22

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Sep 20

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Sep 20

Sep 19

Updated Sep 19

good morning. Does anyone know what happened on 79th and south shore this morning.

I was told three bodies were found in basement of old liquor store and a gunman had a hostage. hence the swat teams and helicopters. But I can't find anything on the web or radio

Sep 19

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Sep 16

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Sep 15

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About

EveryBlock collects 25 types of news in Chicago — including articles, real estate listings, meetups and conversations neighbors are having — and organizes it by location. Here is all the recent news and discussion near 8400-8415 S. Jeffery Blvd.

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8400-8415 S. Jeffery Blvd.