The Hawthorne Effect a Hundred Years Later

In the 1920s, Elton Mayo – an Australian psychologist from Harvard Business School – made a fascinating discovery that not only forever changed the way human behavior studies are conducted, but may also be one of the best ways to improve your own results and achievements in virtually every area of life, including the stock market.

The eight-year study initiated by Mayo in 1924 remains one of the most famous industrial experiments in the history of sociology, but its conclusions are rarely (consciously) used in the investment process.

The hundredth anniversary of the experiment and the groundbreaking discoveries that flowed from it is a good opportunity to tackle this topic and see how we can use it to make better decisions on the stock market.

First, however, a bit of context.

(article will be available soon)