Project Parenthood means pouring every particle of ourselves into transforming these small humans into functioning bigger ones. Photograph: E+/iStock/Getty

I have just passed my favourite sight in the whole of Ireland when my son calls to ask me to pick up ketchup. My favourite sight on the island – bette(...)

 Manchester United manager Ole Gunnar Solskjaer: ‘United’s assumption was there was a “causal link between Solskjær’s skill as a manager and the upturn in the team’s fortunes”.’ Photograph: Andrew Yates/Reuters

Short-term thinking, confusing skill with luck, the lure of a good story – Manchester United’s decision to appoint the unproven Ole Gunnar Solskjaer a(...)

Analysts tend to get it wrong when companies are strongly outperforming or underperforming relative to others in their sector, according to a 2013 study. Photograph: Brendan McDermid/Reuters

Earnings season is now under way in the United States, so market analysts will be kept busy in the coming weeks, chopping and changing their earnings (...)

Professional investors are almost twice as likely to change their behaviour after a losing streak than a winning streak, and not in a good way. Photograph: Getty Images

Investors need to be careful when they’re on a winning streak, but they need to be really, really careful when they’re on a losing streak. That’s acco(...)

Yes, most investors are awful at timing. Photograph: iStock

Investors ran for the hills as stocks plunged over Christmas, with retail sentiment surveys showing pessimism at five-year highs. Now, 20 per cent lat(...)

Les Reilly  celebrates with his neice Carly Reilly Flynn and staff Martina White and Anne Morgan at Reilly’s Daybreak shop in The Naul, Co Dublin after it emerged the shop had sold the winning €175 million-winning Euromillions ticket. Photograph: Colin Keegan/ Collins Dublin

It could be you, goes the slogan. But it’s extremely unlikely. You have far better odds of becoming a saint, giving birth to identical quadruplets or (...)

 Les Reilly, the owner of Reilly’s Daybreak Store in the Naul, north county Dublin celebrates pictured with staff and customers after selling the winning €175 million EuroMillions ticket as David Woods (left) area rep with the National Lottery sprays the champagne. Photograph: Mac Innes Photography

Why people buy lottery tickets has long been argued over by economists. More recent economic theories give fascinating insights into why people play, (...)

Prof Terrance Odean: Managers were 17 per cent more likely to repurchase a stock if they had previously sold it for a profit rather than a loss

Fund managers, armed with an almost infinite amount of fundamental and technical information, buy and sell stocks every day. However, while they may a(...)

‘Humans are notoriously bad at estimating future risk. This kind of thinking is fatal when it comes to climate change.’ Photograph: John Giles/PA Wire

Imagine a fire station. The fire alarm begins to blare, but the response from the firefighters is to put on the kettle. After a nice cup of tea, they (...)

William Nordhaus  after winning the 2018 Nobel Prize in Economic Sciences at Yale University on Monday. Photograph:  Eduardo Munoz Alvarez/Getty Images

A study of the economics profession in the United States, undertaken a number of years ago, found that academic papers in economics rarely referred to(...)

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