Chabris’ invisible gorilla

Christopher Chabris, winner of a 2004 Ig Nobel Prize and co-author of The Invisible Gorilla: And Other Ways Our Intuitions Deceive Us (Crown, 2010) gave an AtGoogle talk in October 2010. If you haven’t seen the video, you should. It’s about an hour long and addresses several psychological issues that might resonate, especially with discretionary traders. Chabris also looks at why investigators believed Madoff’s lies about his consistent record and why financial professionals thought they understood complex derivatives.