Tuesday, March 17, 2009

Cheating

Each year since 1984 in Long Beach California, a gathering is held called the TED Conference. Originally it stood for Technology, Entertainment and Design. Meant to be an eclectic collection of short talks on a variety of subject it has grown in popularity over the years and never fails to provide food for thought.

One of the eighteen minute talks this year was on cheating given by behavioral finance guru Dan Ariely. Entertaining but also illuminating as one contemplates the behavior of investment bankers and derivative creators in recent years.



John Barnyak
President