The anchoring bias is a pretty cruel mechanism. In investing, this happens when we “anchor” to the price of a stock at a given time — and use that as a reference point out into the future.
Category: Central America
Cuba sees explosion in internet access as ties with US grow
In this Jan. 6, 2017 photo Roberto Carlos Villamar uses his laptop on the new experimental internet in the living room of his home in Havana, Cuba. For many Cubans, the start of home internet in December breaks a longstanding barrier against private internet access in a country whose communist government remains deeply wary about information technology undermining its near-total control of media, political life and most of the economy.
Cuba sees explosion in internet access as ties with US grow
In this Jan. 6, 2017 photo Roberto Carlos Villamar uses his laptop on the new experimental internet in the living room of his home in Havana, Cuba. For many Cubans, the start of home internet in December breaks a longstanding barrier against private internet access in a country whose communist government remains deeply wary about information technology undermining its near-total control of media, political life and most of the economy.