A fair evaluation of how uncertain the future is would make most people refuse to get out of bed every morning. Nothing would get done in the world if people were only driven by the accurate probability of their future success.
A little blindness, a little over-optimism, and a little denial is one of the economy’s most potent fuels.
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It’s impossible to think about risk and opportunity without a reference point. And ours is at most incomplete (if not totally wrong).
Everything we think about risk and opportunity is shaped by our own specific situation and personal experience. So everybody has a view of risk shaped by ...
Long-term thinking is difficult to put in action because the long run is a collection of short runs that have to be handled, displayed, and used as information to gauge whether a long-term reward still exists.
Short-term thinking can be the only way you’ll survive long enough to experi...
Life is a little easier if you expect a certain chunk of it to go wrong no matter how hard you try.
Smart people screw up. Good people have bad days. Nice people lose their temper.
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There are only 24 hrs in a day. You can fill it up with meaningless little busy-work tasks, or you can do the big stuff first, then the smaller stuff, and finally fill in the spare moments with the useless stuff.
Sit down tonight before you go to bed and writ...
One of the simplest and effective ways to train your brain to be more optimistic is to practice the "Best Possible Self" method. This method encourages people to make time and imagine themselves in the future wherein they have achieved all of their life goals with no worr...
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