Image Credit: Alex Nabaum
By Jason Zweig | Oct. 19, 2018 11:48 a.m. ET
Some of the most interesting lessons in the emerging science of success are about failure.
In an upcoming book, The Formula: The Universal Laws of Success, Albert-László Barabási, a physicist at Northeastern University, describes what makes some ideas and people succeed and others fail. Among the insights: Market prices can be determined far more by popularity than most of us would care to admit.
Prof. Barabási is a network scientist, researching the dynamic forces that connect neurons in the brains of worms, govern which books become bestsellers, or help determine which financial assets burst into or out of favor….
To read the rest of the column:
https://www.wsj.com/articles/youre-a-bad-investor-that-can-be-good-1539964126
For further reading:
Books:
Albert-László Barabási, The Formula: The Universal Laws of Success
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money
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