𝗖𝗼𝘂𝗹𝗱 𝗶𝘁 𝗯𝗲 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗹𝗼𝗻𝗴𝗲𝗿 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗵𝗼𝗹𝗱 𝗼𝗻𝘁𝗼 𝘆𝗼𝘂𝗿 𝗺𝗼𝗻𝗲𝘆, 𝘁𝗵𝗲 𝗯𝗲𝘁𝘁𝗲𝗿 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗼𝘂𝘁𝗰𝗼𝗺𝗲𝘀 𝘄𝗶𝗹𝗹 𝗯𝗲? ❌ The truth is, when you use money, you lose it — forever.✔ When you keep money, you keep it —…
What is important for your important decisions Life is all about decisions – those thousands of decisions that we take every single day. And luck – lots of luck in a world of randomness and serendipity. A life-skill I have…
I thought about that question for a while. That led me to another question. An even more fundamental one: What does it mean to be human in the age of intelligent machines? The world is constantly changing but the wetware…
A bit volatile out there recently, isn’t it? How do you feel? Calm or nervous? I choose to tell myself to stay calm and use the opportunity to refresh my memory on what I should do in order to be successful in…
My apologies, in case I puzzled you, but we do love our acronyms here in Singapore. I have mentioned the PFC previously under the “Framing Bias” but to expound further, the PFC is your Prefrontal Cortex; a brain region that lies…
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
We all have a preferential set of intuitions, feelings, and ideas. Less poetically characterized by the term “bias”. These little quirks in our thinking pose a challenge to our ability to weigh evidence accurately to arrive at truth. Bias is…
I can literally envision all you regular readers rolling your eyes at yet another “brainy” post and thinking: “Tacomob, haven’t you written more than enough about the brain already? Isn’t there some other topic on your mind?” Of course there is, and that’s why I am…
I blogged about our deficits in predicting the future the other day and mentioned not only our tendency to compare the present to the past, but also how we tend to get history wrong—by neglecting the impact that accidents and chance had on them. Isn’t our place in history today…
We sometimes tend to think that ideas and feelings arising from our intuition are essentially superior to those achieved by reason and logic. As such, intuition—the good old “gut feeling”—has come to be idealized as the Noble Savage of the mind, fearlessly cutting through…