Human Behavior
sari and
Human Behavior
sari and
Because most people are more emotional than logical, they tend to overreact to short-term results; they give up and sell low when times are bad and buy too high when times are good. I find this is just as true for relationships as it is for investments—wise people stick with sound fundamentals through the ups and downs, while flighty people react
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‘we should never underestimate what the combination of fuddled goodwill and lack of historical knowledge can create in the way of confusion. there is a lot more than that than real ill will in the world’
“Some things can become true merely because we believe in them–that pessimism becomes a self-fulfilling prophecy. When modern economists assumed that people are innately selfish, they advocated policies that fostered self-serving behavior. When politicians convinced themselves that politics is a cynical game, that’s exactly what it became.”
― via
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