implementation

was in love with the result—the image of me on stage, people cheering, me rocking out, pouring my heart into what I was playing—but I wasn’t in love with the process. And because of that, I failed at

The lesson from cases of people both keeping and losing their jobs is that as long as you keep your boss or bosses happy, performance really does not matter that much and, by contrast, if you upset them, performance won’t save you.

Imagine she says her name is Janice. You then make an image of the name: Janice sounds like “chain ice.” You then make the connection and think of a chain of ice flying out of her blue eyes.

takes years of practice and effort to get good at identifying blind spots in ourselves and then expressing the affected emotions appropriately.

Like all examples, Bear is imperfect (don’t tell his mother I said that). I talked about his individual behavior, and yet usually behavior change isn’t about a specific person but rather about changing the likelihood of a behavior across a much larger group: team, organization, city, nation—as we said in the behavioral statement, a population. And

Perhaps the most important confusion we want to clear up is that the level of risk premiums (called term premium in bond markets) has almost no predictive value for short, medium or even long term asset returns. The level doesn’t much matter at all for trading markets. What matters a great deal is drivers for changes in risk premium.

Said another

As the old saying goes, “You can do anything once you stop trying to do everything.”

Psychologist Arie Kruglanski has spent his career studying a phenomenon known as the Need for Closure: a desire of the mind to come to some definitive knowledge of an issue. Beyond exploring how individuals differ in that need, Kruglanski has demonstrated that we can manipulate it in order to be more attentive and engaged—and to make sure we

First you have to turn the reality into an abstraction. Then you do your logical reasoning in the abstract world. Then finally you have to turn that back into reality again. Different people are good at different parts of this process. But really the key part is being able to move back and forth between the abstract and the real.