psychology
A rational person will invest a large sum in an enterprise that is most likely to fail if the rewards of success are large enough, without deluding herself about the chances of success. However, we are not all rational, and some of us may need the security of distorted estimates to avoid paralysis. If you choose to delude yourself by accepting
... See moreDaniel Kahneman • Thinking, Fast and Slow
He must be mindful of even those conclusions that he reached mindlessly,
Maria Konnikova • Mastermind
.process .psychology
Life satisfaction is not a flawed measure of their experienced well-being, as I thought some years ago. It is something else entirely.
Daniel Kahneman • Thinking, Fast and Slow
Despite beliefs spawned by popular change-management and reengineering programs, processes are not nearly as flexible or “trainable” as are resources—and values are even less so.
Clayton M. Christensen • The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail (Management of Innovation and Change)
First, compared to the two other approaches, the strategy of starting with an extreme demand and then retreating to the more moderate one produced the most money for the person using it. This result is not surprising in light of the previous evidence we have seen for the power of larger-then-smaller-request tactics to bring about profitable
... See moreRobert B. Cialdini • Influence, New and Expanded: The Psychology of Persuasion
.psychology
You’ve just been exposed to the Florida effect: a series of age-related stereotypes that, without your awareness, activated a series of nodes and concepts in your brain that in turn prompted
Maria Konnikova • Mastermind
.psychology florida effect is an interesting phenomenon .it is called priming wherein you a exposed to concept with words related to concept in some lines. Here the concept of old age, once the readervreads it, he starts behaving as per the exposed concept which is old age in this case
People tend to have short memories. Most of the time they can forget about bad experiences and fail to heed lessons previously learned. But hard-core stress leaves a scar.
Morgan Housel • Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life
.psychology point to note here is that bad memories which are relatively low stress don’t have much impact but hard core stress has a lot of impact and leaves scars which substantially impact future decision making
Creative individuals frame their experiences. Such people are highly ambitious, and they do not always succeed, by any means. But when they fail, they do not waste much time lamenting; blaming; or, at the extreme, quitting. Instead, regarding the failure as a learning experience, they try to build upon its lessons in their future endeavors.
Eric Barker • Barking Up the Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) Wrong
We can’t be expected to recognize and analyze all the aspects of each person, event, and situation we encounter in even one day. We haven’t the time, energy, or capacity for it. Instead, we must often use our stereotypes, our rules of thumb, to classify things according to a few key features and then respond without thinking when one or another of
... See moreRobert B. Cialdini • Influence, New and Expanded: The Psychology of Persuasion
.modelthinking .psychology