psychology
Last is the power of stories over statistics. “Housing prices in relation to median incomes are now above their historic average and typically mean revert” is a statistic. “Jim just made $500,000 flipping homes and can now retire early and his wife thinks he’s amazing” is a story. And it’s way more persuasive in the moment.
Morgan Housel • Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life
When the negative is last, we tend to remember it more strongly, focusing our minds on what not to do, rather than what to do.
Charles Faulkner • NLP
“If you want to be a knight, act like a knight.”
Eric Barker • Barking Up the Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) Wrong
After the war, John Maynard Keynes predicted countries wrecked by war would go on to have a “craving for social and personal security.” Which is what happened.
Morgan Housel • Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life
.psychology point to think over is whether post Covid crisis this is going to be the norm ?
However, a key finding of anchoring research is that anchors that are obviously random can be just as effective as potentially informative anchors.
Daniel Kahneman • Thinking, Fast and Slow
‘Hatred is never ended by hatred but by love,’ and a misunderstanding is never ended by an argument but by tact, diplomacy, conciliation and a sympathetic desire to see the other person’s viewpoint.
Dale Carnegie • How to Win Friends and Influence People
What Sapiens does have is excellent writing. Beautiful writing. The stories are captivating, the flow is effortless. Harari took what was already known and wrote it better than anyone had done before. The result was fame greater than anyone before him could imagine. Best story wins.
Morgan Housel • Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life
.flash
That, in essence, is why the same telegram may mean something different for Watson and for Holmes. For Holmes, it triggers the expected pattern associated with a mindset that is habitually set to solve crimes. For Watson, it hardly matters and is soon trumped by the pretty sky and the chirping birds. And is that really such a surprise? In general,
... See moreMaria Konnikova • Mastermind
.psychology
Everyone bifurcates the world into content and distribution,” Whaley told me. He has brown hair, is of average height, and was wearing a nondescript gray t-shirt and jeans when we talked. “From the beginning, we viewed those as the same thing. Each object gets better with more participation, and so does MSCHF. Scale is not the goal. Scale is a tool
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