Episode 1: About as many boys as girls are born in hospitals. Many babies are born every week at City General. In Cornwall, a country town, there is a small hospital where only a few babies are born every week. A normal week is one where between 45% and 55% of the babies are female. An unusual week is one where more than 55% are girls, or more than 55% are boys. Which of the following is true? [Answer this episode question]

• Unusual weeks occur equally often at City General and at Cornwall.
• Unusual weeks are more likely common at City General than at Cornwall.
• Unusual weeks are more likely common at Cornwall than at City General.

Episode 2: Those who are anchored at the low home prices at the time of housing market collapse, they are more reluctant to buy a home when prices went up as economy improves.

Episode 3: During a travel abroad, people try a local cuisine and blame themselves sometimes. To avoid it, many people order personally well-known menu although unknown local cuisine could give more pleasure.

Episode 4: Two economists, Shlomo Bernartzi and Richard Thaler, tested whether the "monitoring interval" affected the choice between stocks and bonds. The study finds that the group of investors that saw shorter-interval returns invested a much smaller fraction in stocks than the groups that saw returns aggregated into longer intervals.

• From the above Episodes 1, 2, 3, 4, are there any common themes?
• From the above Episodes 1, 2, 3, 4, do you have any similar experience in your life and investments?
• From the above Episodes 1, 2, 3, 4, if you find any psychological issues in decision process, why do you think those issues occur?
• From the above Episodes 1, 2, 3, 4, what are your take-aways?