Investing lessons from evolutionary biology

Investors should emulate animals and make each investment choice as if their lives depended on it, argues a new book

What I learned about Investing from Darwin

Author: Pulak Prasad

Publisher: Columbia Business School Publishing

Pages: 328

Price: Rs 493

In their pursuit of profits, investors commit errors that fall into one of two categories. A type I error arises due to an action performed by an individual. An investor, for instance, may bet on a stock he should have avoided. A type II error, on the contrary, arises due to an action an individual fails to take, such as an investor missing out on a stock to which he should have latched on. A hyper-aggressive investor risks committing too many type I errors. His