The ultimate satisfice: Is irrational behavior good for markets?
from CFA Institute's Enterprising Investor
For a number of years earlier in my career, I labored under a misconception about the word “satisficer.” In my mind, “satisficer” was a sociologist’s term for what happens when you cross a slacker with a well-adjusted productive person, yielding an employee who enjoys many of the benefits of productive normalcy without the pressure of actually having to produce much.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063