A little wisdom
We all hold certain things dear—professional achievement, for example, or family life, or financial security. Do Your Commitments Match Your Convictions?
Illustration: Geoff Grandfield for the Guardian For obvious reasons, it's entirely appropriate that a book entitled The Underachiever's Manifesto never really became a huge seller. Written by an American doctor named Ray Bennett – not the kind of doctor whom I'd necessarily want if I had a life-threatening illness – it vanished soon after its debut, in 2006. Now, though, its publishers have finally got it together to release it as an ebook in Britain , so you can download it. I mean, if you like. This column will change your life: underachieving | Life and style
Class 4 Notes Essay Peter Thiel’s CS183: Startup - Class 4 Notes Essay Here is an essay version of my class notes from Class 4 of CS183: Startup. Errors and omissions are my own.
Jonah Lehrer on Decision-Making
On August 8th of 1933, author F. Scott Fitzgerald wrote the following letter of advice to his 11-year-old daughter, " Scottie ," who was away at camp. ( Source: F. Things to worry about
I’m going to play a minor trick on you today because the subject of my talk is the art of stock picking as a subdivision of the art of worldly wisdom. That enables me to start talking about worldly wisdom—a much broader topic that interests me because I think all too little of it is delivered by modern educational systems, at least in an effective way. And therefore, the talk is sort of along the lines that some behaviorist psychologists call Grandma’s rule after the wisdom of Grandma when she said that you have to eat the carrots before you get the dessert. Charles Munger: A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business
In the smart restaurant of a very smart hotel in the West End of London, Roy F Baumeister , eminent American social psychology professor, orders a lunch of fish and chips, and then decides not to eat the chips. "I won't eat something that's not good for me unless it's absolutely perfect, and it's going to give me real pleasure," he says. "I'm afraid ... Why willpower matters – and how to get it | Life and style
Why Leaders Don't Learn from Success The annals of business history are full of tales of companies that once dominated their industries but fell into decline. The usual reasons offered—staying too close to existing customers, a myopic focus on short-term financial performance, and an inability to adapt business models to disruptive innovation—don’t fully explain how the leaders who had steered these firms to greatness lost their touch. In this article we argue that success can breed failure by hindering learning at both the individual and the organizational level. We all know that learning from failure is one of the most important capacities for people and companies to develop.
<img class="alignnone size-full wp-image-78448" title="pencil-eraser-flickr-mujalifah" src="http://www.wired.com/images_blogs/wiredscience/2011/10/pencil-eraser-flickr-mujalifah.jpg" alt="" width="660" height="428" /> The physicist Niels Bohr once defined an expert as “a person who has made all the mistakes that can be made in a very narrow field.” Bohr’s quip summarizes one of the essential lessons of learning, which is that people learn how to get it right by getting it wrong again and again. Education isn’t magic.
Art of Contrary Thinking - University of Nebraska Press
Of course the math is simple- if you want to build wealth, there are only two main ingredients. 1) Make more money than you spend, and save the difference. 2) Get a decent rate of return on your savings. Most of this blog focuses on step 2. For step 1 which I touch on only from time to time, I largely avoid the topic of income, as that’s something that is closely tied to one’s profession. When it comes to step 1, I instead focus a few articles on limiting expenses. Mostly it’s pretty simple advice- consume less . Building Wealth- Income and Expenditure
Mind & Brain :: Mind Matters :: April 12, 2011 :: :: Email :: Print It's a skill, we are learning, that profoundly shapes lives. How does it work? Where does it come from? How Self Control Works
Word of the Day: Disconfirmation Bias
1. FAULTY CAUSE: ( post hoc ergo propter hoc ) mistakes correlation or association for causation, by assuming that because one thing follows another it was caused by the other. example: A black cat crossed Babbs' path yesterday and, sure enough, she was involved in an automobile accident later that same afternoon. example: The introduction of sex education courses at the high school level has resulted in increased promiscuity among teens. A recent study revealed that the number of reported cases of STDs (sexually transmitted diseases) was significantly higher for high schools that offered courses in sex education than for high schools that did not. 2.
Making a public commitment to your goals reduces motivation. Search around for advice on how to commit to a goal and one commandment comes up again and again. Apparently you should make your goals public and this will increase your commitment to them. In theory when you tell your friends that you intend to, say, dig over the garden, or quit smoking, or take up carpentry, it should increase your accountability. Why You Should Keep Your Goals Secret
Wisdom , Thought processes
Some years ago, the economist George Akerlof found himself faced with a simple task: mailing a box of clothes from India, where he was living, to the United States. The clothes belonged to his friend and colleague Joseph Stiglitz, who had left them behind when visiting, so Akerlof was eager to send the box off. But there was a problem. The combination of Indian bureaucracy and what Akerlof called “my own ineptitude in such matters” meant that doing so was going to be a hassle—indeed, he estimated that it would take an entire workday. So he put off dealing with it, week after week. This went on for more than eight months, and it was only shortly before Akerlof himself returned home that he managed to solve his problem: another friend happened to be sending some things back to the U.S., and Akerlof was able to add Stiglitz’s clothes to the shipment. What we can learn from procrastination
In July of 1931, author and philosopher Will Durant wrote to a number of notable figures and asked, essentially, "What is the meaning of life?" His letter concluded: . It can, and should, be read below. Dear Durant You ask me, in brief, what satisfaction I get out of life, and why I go on working. On the Meaning of Life
Self-Image Is The Key To Success In Business And In Life “There are no limitations to the mind except those we acknowledge."-- Napoleon Hill It has been conclusively demonstrated that individuals who expect to succeed at a given venture are more likely to do so than those who expect to fail. Positive expectations work as a sort of self-fulfilling prophecy--those who expect to succeed are more likely to do so, thus maintaining and reinforcing their expectation for success. Today, we are going to take this analysis one step further and address the underlying cause of these expectations.
Lisa Chase Parenting Advice: My Father’s Magical Parenting - ELLE
Do you make too many decisions? - Farnam Street at Farnam Street
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A Message To My Generation Leigh Drogen
If you’re aren’t getting rejected on a daily basis, your goals aren’t ambitious enough. cdixon.org – chris dixon's blog
Why are some people more driven than others???
I deleted my Facebook account
It's Hard to Make Predictions, Especially About the Future
The Wisest Entrepreneurs Know How to Preserve Equity
The Blog : How to Meditate
Free Will (And Why You Still Don’t Have It)
The Blog : On Spiritual Truths
Meditation: don't leave home without it | Shirley Lancaster | Comment is free