Archive for November, 2011
Is investing a game? (part one)
Posted by richwillis in Investing Wisdom on November 17, 2011
I just finished reading an excellent book, Reality is Broken: Why Games Make Us Better and How They Can Change the World by Jane McGonigal. The book draws on positive psychology, cognitive science, and society to describe how game designers have hit upon core truths about what makes us happy and have utilized these discoveries to astonishing effect. She analyzes many different types of games and demonstrates how using some of the key ideas of their design may help to address some of the world’s most difficult and intractable problems.
However, none of the profiled games in Reality is Broken specifically address the problems faced by the self-directed investor, so I thought it might be interesting and potentially enlightening if I probed the question: is investing a game? Read the rest of this entry »