Nobel physicist Max Planck gave speech so often that his driver could recite it. He did one day, while Planck, wearing a driver's hat, sit with audience. Came a question the driver couldn’t answer, he pointed at Planck, “Such a simple question! My chauffeur will answer it!” People run under this thinking fallacy confuse the credibility of the message with the messenger. Warren Buffett counters this bias by investing only within what he calls his “circle of competence” – his awareness of what he knows &does not know. Real scholars see their limits, while pundits spin smoke-and-mirror theories.
203
775 reads
CURATED FROM
IDEAS CURATED BY
Dobelli shared some common thinking mistakes. Knowing these errors won’t help you avoid them completely, but it will help you make better decisions – or at least teach you where you slipped.
“
The idea is part of this collection:
Learn more about communication with this collection
How to make good decisions
How to manage work stress
How to manage email effectively
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates