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Behavioral economists have successfully challenged the concept of the rational market, demonstrating how cognitive biases shape decision-making in ways that reveal us to be far from rational actors. Storied investors including Howard Marks and Warren Buffet take us one step further, highlighting the inevitable and impactful role of emotion in investing. Irrationality based on cognitive bias and irrationality based one motion are two distinct aspects of the psychology of finance. There is a further step that needs to be taken, and that comes from the expertise of psychoanalysis, which remains the only comprehensive, in-depth theory of the human mind. >> Download Here to Read More >>