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Warning – very egotistical post ahead with nothing new, but stuff you knew already. The other day Rolf Suey dropped a fitting comment to my post “Is having more money important to make you happier? Let’s put it into perspective”…
Category: What Works Great life lessons from people who have “been there, done that” long before you.
Greed or need?
A few days back I wrote about “Am I saving enough?” Thank you for all your comments. I am just afraid that those people with their benchmark savings ratios are not really representative of the regular guys. Could it be…
The Backfire Effect
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…
The Well-Travelled Road Bias
Nowadays I am a bit more on the road visiting prospects to share with them those benefits my value-add-products could deliver to their operations. As such I come across this common experience for motorists more frequently: I am driving somewhere…
How I learned to mind my own business
Some of my loyal readers – ok, make that two – asked me at what age I started to mind my own business and to actively take care of my own business. Here is how it all started: Well, that’s…
New year, new start, same old, but still the most accurate stock market forecast for 2016
At the beginning of each year, there’re many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting the directions of the Stock Markets. As I personally have ample years of experience in the Stock Markets…
The Just-World-Bias
Do you believe in a just world? Most of us do. Simply because we assume that bad things will befall bad people, and good things, to good people. The bad news is that it doesn’t always play out that way and also that the world…
Are you a ‘kicker’ too?
Have you ever had—while driving—that extraordinary experience where anyone driving slower than you is an idiot, while anyone driving faster is a maniac? That, my dear reader, is an example of the Correspondence Bias in full-blown action. Generally, this bias refers to the tendency…
A little bit more information for you? No, thanks, I got plenty already.
In psychology, there is the term “Information Bias” which is the tendency to seek information when it doesn’t affect our actions. Nevertheless, more information isn’t always better. The instinctual shortcut that we take when we have “too much information” is to…
The Seer-Sucker Illusion
“Imagine you pick 1 million random people from around the world every day,” said Toby McDade, chief investment officer of Momentum Fee Capital Management. “Some days, 51% would be in a good mood, 49% in a bad mood. The next…
Great life lessons from people who have “been there, done that” long before you.
Greed or need?
A few days back I wrote about “Am I saving enough?” Thank you for all your comments. I am just afraid that those people with their benchmark savings ratios are not really representative of the regular guys. Could it be…
The Backfire Effect
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…
The Well-Travelled Road Bias
Nowadays I am a bit more on the road visiting prospects to share with them those benefits my value-add-products could deliver to their operations. As such I come across this common experience for motorists more frequently: I am driving somewhere…
How I learned to mind my own business
Some of my loyal readers – ok, make that two – asked me at what age I started to mind my own business and to actively take care of my own business. Here is how it all started: Well, that’s…
New year, new start, same old, but still the most accurate stock market forecast for 2016
At the beginning of each year, there’re many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting the directions of the Stock Markets. As I personally have ample years of experience in the Stock Markets…
The Just-World-Bias
Do you believe in a just world? Most of us do. Simply because we assume that bad things will befall bad people, and good things, to good people. The bad news is that it doesn’t always play out that way and also that the world…
Are you a ‘kicker’ too?
Have you ever had—while driving—that extraordinary experience where anyone driving slower than you is an idiot, while anyone driving faster is a maniac? That, my dear reader, is an example of the Correspondence Bias in full-blown action. Generally, this bias refers to the tendency…
A little bit more information for you? No, thanks, I got plenty already.
In psychology, there is the term “Information Bias” which is the tendency to seek information when it doesn’t affect our actions. Nevertheless, more information isn’t always better. The instinctual shortcut that we take when we have “too much information” is to…
The Seer-Sucker Illusion
“Imagine you pick 1 million random people from around the world every day,” said Toby McDade, chief investment officer of Momentum Fee Capital Management. “Some days, 51% would be in a good mood, 49% in a bad mood. The next…