All behavior makes sense with sufficient information
The reasons why people do what they do are often mysterious, and we have to fill in the blanks. The interpretation we come up with matters, because it dictates how we feel and act
Timothy D. Wilson • Redirect
And that idea—“What you’re doing seems crazy but I kind of understand why you’re doing it.”—uncovers the root of many of our financial decisions.
Morgan Housel • The Psychology of Money
Any phenomenon in the world is by nature complex. The people you deal with are equally complex. Any action sets off a limitless chain of reactions. It is never so simple as A leads to B. B will lead to C, to D, and beyond. Other actors will be pulled into the drama and it is hard to predict their motivations and responses. You cannot possibly map o
... See moreRobert Greene • The Laws of Human Nature
“Who knows why people do what they do?” he wrote. “The point is they do it, and we can track and measure it with unprecedented fidelity.”
Meghan O'Gieblyn • God, Human, Animal, Machine: Technology, Metaphor, and the Search for Meaning
Every decision people make with money is justified by taking the information they have at the moment and plugging it into their unique mental model of how the world works.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
“It’s not just about observing what a person does,” says Dan Ariely, a professor of psychology and behavioral economics at Duke University and the author of Predictably Irrational, among other books. “It’s trying to understand the reasons behind that.”