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.
The English language is very rich and descriptive. Someone 'hiding their head in the sand, like an ostrich' is said to be foolishly ignoring their problem, while hoping it will magically vanish. The ostrich does many things, but hiding its head in the sand is not one of them. That doesnât stop this metaphor being evocative, and widely used by people in religious studies, political studies, management, military history, sport commerce and the financial markets.