Lisa Kramer
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lisakramer.com
Lisa Kramer
@lisakramer.com

Financial economist musing on behavioural finance, behavioral economics, emotion, markets, risk, pensions, humans, & animals.

Professor of Finance, University of Toronto
Joint Sponsors, UPP
Board of Directors, UTAM & We Animals

http://www.lisakramer.com .. more

Economics 65%
Business 13%
Pinned
From my personal archives, spotted 10 years ago in the lunchroom at the NBER 📉📈

TIL it’s called a contronym, contranym, or Janus word. It is also known as a enantiosemy, enantionymy, antilogy, or autoantonymy.

Phew, that’s a lot of words. I wonder if any of them are themselves contronyms!

en.wikipedia.org/wiki/Contronym
Contronym - Wikipedia
en.wikipedia.org

Oooh, I love words like that. Another:

Sanction: a threatened penalty for disobeying (i.e., a form of disapproval)

Sanction: approval

Nice batch! I would be tempted to turn some of them into fried green tomatoes.

Toronto right now

From the article:

“Here’s how it works: If someone delays CPP/QPP past 60 but dies before the higher benefits “catch up,” their estate receives a one-time payment for the missed amount. In plain language: If you delay and die early, the guarantee ensures you don’t lose out.”

My brain these days. I ordered some lovely boots but they’re too small. I meant to go up half a size from men’s 6 / women’s 8, I accidentally ordered (men’s) 8.5, which is women’s 10.5. (Even more confusing, that’s size 7.5 to Australians.)

Happily, the huge boots actually fit.

This is delightful!

“You are just paying $2 for a one-dollar bill.”

Reposted by Lisa A. Kramer

The hottest crypto trade has turned ice cold. Some investors are saying “told you so,” while others are doubling down.
The Year’s Hottest Crypto Trade Is Crumbling
Some investors are saying “told you so,” while others are doubling down, as a selloff in bitcoin and other digital tokens hits crypto-treasury companies.
on.wsj.com
Loving today's news that the mysterious "fedora man" outside the Louvre heist was actually a 15-year-old museum visitor who dresses like a 1940s French detective all the time, just because. apnews.com/article/louv...
Fedora man unmasked: Meet the teen behind the Louvre mystery photo
Fifteen-year-old Pedro Elias Garzon Delvaux has become an internet sensation after an Associated Press photo captured him outside the Louvre on the day of a crown jewels heist.
apnews.com

Today I walked farther than I have since I first started getting sick in June. It has been nearly 6 weeks since my kidney surgery and I’m getting stronger every day.
a woman in a red top and white pants is walking down a road .
Alt: Joanna Rohrback, wearing an apricot top and white pants, Prancersizing in a park
media.tenor.com

👍 Don’t stop! I’ve read and recommend the book on the left. My co-authors and I have a paper that cites it a lot. We’ll be presenting it at the 2026 ASSA / AEA meetings.

bsky.app/profile/lisa...
My co-authors and I are happy to have our paper "Intergenerational Race-Based Trauma and Financial Market Participation" included in the session "Investigating Racial Inequality through Historical Data and Events", where we are joined by three great papers on that theme.

On a walkabout in Toronto. Stopped by the stadium where the World Series wrapped up a few days ago. #BlueJays

A touching tribute at Queen’s Park today in memory of those who lost their lives in service to their country. Each person in the photo represents an individual who didn’t make it home from war. The fellow in the foreground represents 17-year-old Private Arnold Andrew Boswell Kirkup.

Reposted by Lisa A. Kramer

Sometimes when people ask me why I’m wearing a mask I say I’m traveling or have some important thing soon and can’t afford to get sick and miss it and that’s pretty much always true but I think it would be nice if it were more normalized to just say “I don’t want to get sick” and leave it at that

Creepy.

“There is a tiny notice located next to the billboard alerting anyone in the general vicinity of the ad that their image may be captured ... Once the camera has taken your photo, there’s no way to opt out of the service ...”

toronto.citynews.ca/2025/11/06/u...
Are these billboards near Union Station watching and recording you?
As you’re walking through Union Station, you might stop and look at any of the number of advertising billboards that dot the hallways. But what you don’t know is that some of those billboards are actu...
toronto.citynews.ca

Dr. Bonnie-Jeanne MacDonald, author of the article above, will host a national briefing on the Pension Delay Guarantee reform proposal for the CPP/QPP during a webinar at noon on Nov. 24 2025.

Registration: torontomu.zoom.us/webinar/regi...
Welcome! You are invited to join a webinar: National Briefing on the Pension Delay Guarantee for the CPP/QPP. After registering, you will receive a confirmation email about joining the webinar.
Too many Canadians are retiring—or nearing retirement—without the financial security needed to maintain their expected standard of living. The Baby Boom generation—the largest in Canadian history—is e...
torontomu.zoom.us

I’m still not over the time an Associate Dean told me the reason their school’s salary offers to women professors were well below salary offers to men professors was because that’s what other schools offered. 🤷‍♀️

I just came across an academic association that erroneously lists me on their website as having delivered a keynote at a past conference of theirs. Did not happen! Makes me wonder if they are trying to boost the ratio of women among their past keynote speakers. Rude whatever the case.
a man with a beard is holding a cup of coffee
Alt: The Dude, as portrayed by Jeff Bridges in The Big Lebowski, looking puzzled as he stirs a cocktail
media.tenor.com

The least you could do is calculate a Lagrange multiplier

Not a word about the most effective way to avoid contracting airborne infections, wearing a mask

Gift link if you still want to read the article: www.wsj.com/sports/olymp...

Peridot - Wikipedia
en.wikipedia.org

All of the greens (but not peridot): en.wikipedia.org/wiki/Shades_...
Shades of green - Wikipedia
en.wikipedia.org

Had to look up the colour “Kelly green” and learned there are more shades of green than I realized. Missing from the Wikipedia list is peridot, my favorite green, perhaps because it isn’t considered a shade of green but rather a gemstone.

Pictured: a Hawaiian beach with more than a few peridots

Informative thread on this year’s economics job market. Includes info broken down by US versus international, type of employer, and type of job category
⬇️
New data on the #EconJobMarket as of Nov 2. Based on total # of job listings on JOE, this year continues to be even weaker (by 11%) than during COVID (2020). 1/many #EconSky
New data on the #EconJobMarket as of Nov 2. Based on total # of job listings on JOE, this year continues to be even weaker (by 11%) than during COVID (2020). 1/many #EconSky

A blast of cold, dry Arctic air from Canada is set to sweep southward this weekend, sending temperatures across the central and Eastern United States plunging 10 to 20 degrees Fahrenheit below normal.

www.nytimes.com/2025/11/05/w...
Do You Remember Where Your Gloves Are? Early Blast of Winter Heads East.
www.nytimes.com

Reposted by Gordon Hodson

Join me Nov. 11/25 at noon EST as I moderate a webinar by Meera Paleja, Head of Investor Research and Behavioural Insights at the Ontario Securities Commission

Topic: Enhancing the Investor Experience: A Behavioural Science Perspective

Registration link:

events.teams.microsoft.com/event/c1c7f2...

👍
This week I received four items through interlibrary loan and document delivery, and I gotta say, that service suite continues to be a shining example of society functioning as it should. Eduroam is another.

Thank your librarians working on ILL in the background. They do saintly work.