The answer partly lies in pattern seeking behaviour and dopamine http://awmfinancial.com/uncategorized/dopamine-and-pattern-seeking-and-your-investments/ …
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Replying to @suavelambi
If the reward is big enough, dopamine seems to have a memory.
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Replying to @suavelambi
People who received a large reward will experience a dopamine release if a pattern similar to the winning pattern is observed.
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Replying to @suavelambi
This results in people taking actions that can be catastrophic.
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Replying to @suavelambi
This is applicable in chaotic environments such as financial markets, pattern seeking increases when you feel out of control.
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Replying to @suavelambi
People who have high belief in the paranormal more likely to find meaningless patterns. Hint: Astrology
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Replying to @suavelambi
This is called Agenticity: tendency to infuse patterns with meaning, intention, and agency, often invisible beings and from the top down.
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Ordinary Banana Retweeted akira | LOVECRYPT
Ordinary Banana added,
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Replying to @literalbanana
not like pattern matching glossolalia is my prime hobby or anything right inkblots and verbal coincidence right
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