It’s that time of the year again

Planning Fallacy

It’s that time of the year again, when avalanches of New Year’s resolutions are launched with idealistic plans for drastic self-improvement in 2016. We resolve to quit drinking, smoking, or both.  We resolve to help others and to spend more time with our friends and…

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To die or not to die

to die or not to die

I would like to write about the end, yours and mine to be specific. I recently read that due to medical and technical advances, the first person to attain the age of a hundred and fifty has already been born. Are you that person? Well, I suppose…

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Hot-cold-empathy gap

Have you ever asked yourself this: How can I control myself when I feel the irresistible need to break my rules about how to invest in the stock market? That question pertains to the “hot-cold-empathy gap”, where we say to ourselves in a calm…

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My Dopamine determines risks of mine

dopamine molecule

Have you ever wondered why you can become revved up and an exuberant risk taker, when flying high, or hesitant and risk-adverse, when cowering from your losses in the stock market? We have the impression that it is our deliberative mind that makes the most important decisions in…

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NOW

Do it now

I realise now that NOW is the only time that exists, although that truth about time took me a while to comprehend. Our life, you see, is about a series of moments in time, but we often live these moments hoping to improve a future moment—to have a better…

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Extreme Discounting

hyperbolic discounting

When we are presented with distant commitments, we tend to stumble on the difficulty that our brain has in placing us in the future with any degree of accuracy. Why is that? Because our brain evolved to make determinations about our…

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