Some ideas to keep coming often
Map is not the Territory
Territory is not a Touch down
Touch down is not the journey
Journey is not the Route
Route is not Behaviour
Buridan’s Ass : A thirsty donkey is placed exactly midway between two pails of water. It dies because it can’t make a rational decision about which one to choose. A form of decision paralysis.
Morgan Housel • 100 Little Ideas
Anscombe’s Quartet : Four sets of numbers that look identical on paper (mean average, variance, correlation, etc.) but look completely different when graphed. Describes a situation where exact calculations don’t offer a good representation of how the world works.
Morgan Housel • 100 Little Ideas
Your mind is for getting ideas not holding ideas
We must expect to misunderstand. We must expect to be misunderstood. For sanity we must try to minimise misunderstanding.
Depressive Realism : Depressed people have a more accurate view of the world because they’re more realistic about how risky and fragile life is. The opposite of “blissfully unaware.”
Morgan Housel • 100 Little Ideas
Double Thank You moment : How many times have you paid $1 for a cup of coffee and after the clerk said, "Thank you," you responded, "Thank you"? There's a wealth of economics wisdom in the weird double thank-you moment. Why does it happen? Because you want the coffee more than the buck, and the store wants the buck more than the coffee. Both of you
... See more- Do fewer things. 2. Work at a natural pace. 3. Obsess over quality.