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Behavioral Economics, Explained

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How to make rational decisions

The role of biases in decision-making

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Behavioral Economics, Explained

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RYAN HOLIDAY

The pretense of knowledge is our most dangerous vice, because it prevents us from getting any better. Studious self-assessment is the antidote.

RYAN HOLIDAY

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5.78K reads

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Ego in Failure

No one is permanently successful, and not everyone finds success on the first attempt. We all deal with setbacks along the way. Ego not only leaves us unprepared for these circumstances, it often contributed to their occurence in the first place. If success is ego intoxication then failure can be...

979

3.12K reads

Understanding Ego in Different Stages of Life

At any given time in life, people find themselves at one of three stages.

  • We are aspiring to something - trying to make a dent in the universe.
  • We have achieved success - perhaps a little, perhaps a lot.
  • Or we have failed

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Ego in Taste/Talent Gap Situation

In this taste/talent gap situation, ego can seem comforting. Who wants to look at themselves and their work and find it does not measure up? And so here we might bluster our way through. Or, we can face our shortcomings honestly and put the time in. We can let this humble us, see clearly where we...

982

3.73K reads

To Be or To Do

If your purpose is something larger than you - to accomplish something, to prove something to yourself - then suddenly everything becomes both easier and harder. Easier in the sense that you know now what it is you need to do and what is important to you. Harder ...

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5.87K reads

Ego

Ego

Ego can be defined as the sense of superiority and certainty that exceeds the bounds of confidence and talent. It's when the notion of ourselves and the world grows so inflated that it begins to distort the reality that surrounds us.

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GOETHE

What matters to an active man is to do the right thing; whether the right thing comes to pass should not bother him.

GOETHE

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Remove the Hat of Entitlement

One of the symptoms of approaching nervous breakdown is the belief that one's work is terribly important.

976

3.38K reads

Ego Driven Distractions

We start out knowing what is important to us, but once we have achieved it, we lose sight of our priorities. All of us regularly say yes unthinkingly, or out of vague attraction, or out of greed or vanity. We think "yes" will let us accomplish more, when in reality it prevents exactly what we see...

980

3.19K reads

Seneca's Euthymia

Accordoing to Seneca, the Greek word euthymia meaning tranquility is one we should think of often: it is the sense of own path and how to stay on it without getting distracted by all the others that intersect it.

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Ego Driven Resistance

Too often convinced of own intelligence, we stay in a comfort zone that we never feel stupid and are never challenged to learn or reconsider what we know. It obscures from view various weknesses in our understanding, until eventually it's too late to change course.

997

3.55K reads

Maintain Sobriety

In most cases, we think that people become successful through sheer energy and enthusiasm. We almost excuse ego because we think it's part and parcel of the personality required to "make it big". Maybe a bit of over-poweringness is what got you where you are. But let's ask: Is it really sustainab...

970

2.95K reads

Misconception Regarding Silence

We seem to think that silence is a sign of weakness. That being ignored is tantamount to death and for ego, this is true. Research shows that while goal visualization is important, after a certain point our mind begins to confuse it with actual progress.

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Failure is Part of the Process

The way through, the way to rise again, requires a reorientation and increased self-awareness. We don't need pity - our own or anyone else's - we need purpose, poise and patience. It's far better when doing good work is sufficient. In other words, the less attached we are to outcome is better.

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3.34K reads

Talk and Hype to Replace Action

When we are striving for something it's a temptation that exists for everyone - for talk and hype to replace action. At the beginning of any path, we are excited and nervous. So we seek to comfort ourselves externally instead of inwardly. This side we call ego.

1.03K

8.18K reads

Ego in Success

Success is intoxicating, yet to sustain it requires sobriety. We can't keep learning if we think we already know everything. We can't buy into myths we make ourselves, or the noise and chatter of the outside world.

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Become a Student

We don't like thinking that someone is better than us or that we have a lot left to learn. For this reason, updating your appraisal of your talents in a downward direction is one of the most difficult things to do in life - it is always the component of mastery.

1.02K

5.64K reads

Taste/Talent Gap

Ira Glass states that all of us who do creative work . . . we get into it because we have good taste. But it's like there's a gap, that for the first couple years that you are making stuff, what you are making isn't so good . . . It's really not that great. It's trying to be good, it has ambition...

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