Thursday, January 3, 2013

FinancialEdge: Can Games Make You A Better Investor?

Games don't always get their due. Psychologists and neuroscientists have long known that games, far from being trivial wastes of time, can actively reshape the human brain and improve a variety of cognitive and emotional functions. As investing is a great example of an activity that draws on a wide range of mental and emotional skills, it is worth exploring how to improve this skill set.

Investing is more than just memorizing ratios, accounting rules or gimmicky screening formulas. It requires a variety of mental attributes and abilities that gaming can enhance. The more practice investors have in skills such as probability, prudent risk-taking, strategic thinking and asset management, the better their investing outcomes ought to be. Conveniently enough, these all seem to be skills that can be honed through games.

Please read the full column here:
http://www.investopedia.com/articles/basics/12/can-games-make-better-investors.asp

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