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Leilani
@leilanie27
The Market Is the Great Equalizer
Barnum’s original museum highlighted the spectacular and unbelievable marvels of the world. Unfortunately, none of these rarities was real.
His original museum relied on poor quality replicas of mermaids and other mythical phenomena, which were not appealing to consumers. But the lack of customers drives Barnum to go in search of real, and rare, human acts.
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Melody N.
@melodydnn84
This is how to develop an entrepreneurial spirit
The 6 P’s of the Entrepreneurial Spirit
- Passion. Passion cannot survive without a path.
- Path. This is your plan for getting there, at the pace you set.
- Positivity. No success is possible wit...
Black Stripes
@bstripes
Why wonder is the most human of all emotions | Aeon Essays
Describing wonder
Wonder is said to be a childish emotion. However, as adults, we experience it when gaping at something unexpectedly spectacular.
Adam Smith, an 18th-century moral philosopher, describes wond...
Bodily symptoms
The bodily symptoms of this strange appearance point to three dimensions:
- Sensory: The marvelous things take hold of our senses - we stare and widen our eyes.
- Cognitive: We are perplexed because we don't have a past experience to understand them. It leads to a suspension of breath, similar to when we are startled.
- Spiritual: We look upwards in veneration, which makes our heart swell.
The scale of wonder
At the mild end of this emotion, we talk about things being marvelous. More intense emotions might be described as astonishing. The extreme of this experiences is met with expressions of awe.
Ryker
@rykerx66
Survivorship Bias: The Tale of Forgotten Failures
Survivorship Bias
Survivorship bias is a logical error that twists our understanding of the world and leads to a wrong understanding of cause and effect.
We fall into survivorship bias when we assume that suc...
Against the Odds
When we only pay attention to the exception above the normal, we end up misunderstanding reality. While there is much to learn from the anomalies, it would be a mistake to expect the same results from doing the same things.
Cause and Effect
Survivorship bias leads us to think that coincidence is a correlation. We want the encouragement from survivorship bias so we can believe in our own capabilities, but it results in an inflated idea of how people become successful.
The fact is that success is never guaranteed. It does not mean that we shouldn't try, just that we should have a realistic understanding.
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