...Many decisions rest upon people’s ability to make estimates of some unknown quantities. In these judgments, the aggregate estimate of the group is often more accurate than most individual estimates. Remarkably, similar principles apply when aggregating multiple estimates made by the same person...
...And once the storm is over, you won’t remember how you made it through, how you managed to survive. You won’t even be sure, whether the storm is really over. But one thing is certain. When you come out of the storm, you won’t be the same person who walked in. That’s what this storm’s all about...
[Ed. Note: Strong Language] ...Logical fallacies are incredibly common in our everyday lives. Here are some of the worst ones we all fall prey to...
...We can view results as a threat, or see them as an opportunity. It depends on whether we’re defending a little-understood status quo or seeking to make things work better...
...Neuroscientists, psychologists and meditation experts offered advice about the big and small things you can do to calm down. Here are 10 things you can try to release anxiety, gain perspective and gird yourself for whatever comes next...
...Camels have no interest in “blitzscaling” — rapidly building-up the enterprise and prioritizing speed over efficiency in pursuit of massive scale. They are as ambitious to grow as any Silicon Valley enterprise, yet they take a more balanced growth path. This balanced approach has three key elements: Right-pricing from the start. Cost management through the life cycle. Changing the trajectory...
...The key to making better decisions is to realize that most of them don't matter all that much...
...With an increasing amount of personal financial information available online, it is more important than ever consumers follow the right precautions to ensure the security of their private financial information...
...It takes many hours to make what you want to make. The hours don’t suddenly appear. You have to steal them from comfort. Whatever you were doing before was comfortable. This is not. This will be really uncomfortable...
[Ed. Note: Strong language] ...We think of huge leaps in innovation or creativity as these massive moments of inspiration. But, in reality, they are actually a simple questioning of assumptions that are in front of us all...
...Multitasking as a way of getting more out of our time without making tradeoffs doesn’t work. The tradeoff in that case is often not doing anything particularly well. If you answer emails when you’re with your kids or friends, you’re not really focusing on either. Your emails are banal and the people you are with feel unimportant. Even if we try to find ways around fundamental constraints, the tradeoffs show up somewhere...
...The paths that lead to new ideas tend to look unpromising. If they looked promising, other people would already have explored them. How do the people who do great work discover these paths that others overlook? The popular story is that they simply have better vision: because they're so talented, they see paths that others miss. But if you look at the way great discoveries are made, that's not what happens. Darwin didn't pay closer attention to individual species than other people because he saw that this would lead to great discoveries, and they didn't. He was just really, really interested in such things. Darwin couldn't turn it off. He didn't discover the hidden paths that they did because they seemed promising, but because they couldn't help it. That's what allowed them to follow paths that someone who was merely ambitious would have ignored...
...Emphasize text with bold/underlined font...Use specific dates instead of yesterday, tomorrow etc...Use links for references...Structure long messages...Be specific on what you request from whom...
...It doesn’t matter to them that you have 100 tops to serve in the next hour. It doesn’t matter that the last week’s worth of customers all left happy. To this customer, there’s just this one time...
...Considering survivorship bias when presented with examples of success is difficult. It is not instinctive to pause, reflect, and think through what the base rate odds of success are and whether you’re looking at an outlier or the expected outcome. And yet if you don’t know the real odds, if you don’t know if what you’re looking at is an example of survivorship bias, then you’ve got a blind spot...
...6 Secrets to Make You a Smarter Investor...
...My benchmark dishes are usually iconic dishes that represent their genre, and can give me a bit of insight into the restaurant or bar’s philosophy and style...
...the 3 breaks are physical, social, and spiritual(ish)...
...Reality is indifferent to our preferences. There is no such thing as a fair price. Stuff—life—costs what it costs. You either pay it or you don’t...
...Handwritten notes are a powerful tool for encrypting embodied cognition and in turn supporting the brain’s capacity for retrieval of information. And secondly, when you take notes by hand, your hands create a robust external memory storage: your notebook...
