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CNBC - Europe Early Edition
Dean Sergei Guriev told CNBC that, despite the military stalemate in Ukraine, mounting economic pressures, fiscal strain and growing battlefield costs are increasing the pressure on Russia and could eventually push the Kremlin towards negotiations.
The Wall Street Journal
Alex Edmans says that it is hard for investors to learn from their mistakes because they tend to underweight the importance of luck, overestimate the role of skill and overinterpret what may be chance events.
FT
Anna Pavlova argues that the rise of prediction markets and increasingly game-like financial products is blurring the line between investing and gambling, making financial literacy, transparency and a clear understanding of risks essential to maintaining trust in markets.
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