If a concept is highly technical or complicated, analogies... - Deepstash
Behavioral Economics, Explained

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Behavioral Economics, Explained

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If a concept is highly technical or complicated, analogies are also a good way to simplify them. Analogies are the foundation of learning from experience, and they work because they make use of your brain's natural inclination to match patterns.

Analogies influence what you perceive and remember, and help you process information more easily because you associate it with things you already know. These mental shortcuts are useful methods of processing new and unfamiliar information, and help people understand, organize, and comprehend incoming information.

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One example of an analogy created by Feynman encapsulates the power of his technique. He was able to take a question regarding human existence and simplify it into a simple sentence that even a middle-schooler could understand. Feynman said:

"All things are made of atoms-little particles t...

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Review the explanation that you came up with, and pinpoint the areas where you were not clear or you felt your explanation was shaky. Then, return to your source material and notes to better your understanding. Practice step #2 again with your new, revised notes.

โ€‹ To do t...

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Here are the four core steps used in the Feynman Technique to accomplish your learning goals.

Write the concept as a heading on a blank piece of paper or notebook page.

After choosing the concept, write down everything that you already know about the subject on your paper. Think of ...

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Closing thoughts

Getting your taxes right is essential.ย 

  • Thatโ€™s why it's recommended to get professional help calculating your tax bill if you have any doubts. This may be the case if youโ€™ve been trading and not just investing.ย 
  • The tax implications of regular trading are much more complicated....

How to study ๐Ÿ“š๐Ÿฆ‹๐Ÿ’ป๐Ÿ“‘

Get organized

  1. Carry a homework planner at all times. Entering homework, projects, tests and assignments as soon as they are assigned will make sure they arenโ€™t forgotten about.

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  1. Itโ€™s important to concentrate and avoid distractions when t...

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