Everyday Nature: How I Came To Love House Centipedes. Centipede by Flickr user Rob Swatski via a Creative Commons Sharealike license. Smart nature straight to your inbox every week. Iâve been called a lot of strange things in my life, but I never thought I could be called a nematode-lover.
From Wikipedia, the free encyclopedia. In behavioral finance, the ostrich effect is the attempt made by investors to avoid negative financial information. The name comes from the common (but false) legend that ostriches bury their heads in the sand to avoid danger.
DEFINITION of 'Ostrich' A colloquial term that refers to the tendency of certain investors to ignore bad news that can affect their investments. In the investment context, ostrich is based on the popular misconception that when this large bird senses danger and cannot run away, it buries its head in the sand. A colloquial term that refers to the tendency of certain investors to ignore bad news that can affect their investments.