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timtyler comments on Open Thread June 2010, Part 4 - Less Wrong
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A TED talk: "Laurie Santos: How monkeys mirror human irrationality "
"Why do we make irrational decisions so predictably? Laurie Santos looks for the roots of human irrationality by watching the way our primate relatives make decisions. A clever series of experiments in "monkeynomics" shows that some of the silly choices we make, monkeys make too."
Interesting speech. I wonder whether the monkeys had a safe way to save their tokens, and whether the experiment would play out the same way if it could be done with squirrels.
She implies that the amount of complexity in finance is just there. I agree with Scott Adams that a good bit of complexity is a deliberate effort to confuse people into making bad choices.
If things are complex you may need to meet with a financial advisor - and then they can try to sell you more stuff.