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Short-term thinking
Most of us imagine that we engage in some form of long-term thinking; after all, we have goals and plans. And basically we are in denial about this because it is hard to have perspective about our own decision-making process. The best way to overcome this is to recognize the clear signs of short sighted thinking in our own lives. As with most elements of human nature, awareness is the key.
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Ticker tape fever
Many of us have become addicted to the minute-by-minute news cycle, to “what’s trending". We feel like we are connected to the very flow of life itself, to events as they change in real time, and to other people who are following the same instant reports. Once we expect to have some bit of news q...
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Unintended consequences
Because we mostly react instead of think, our actions are based on insufficient information. We grab for a solution without thinking deeply about the context of the problem: e.g: We try to cheer up a depressed person by making her realize that her life is not that bad and that the sun is shining,...
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Lost in trivia
You feel overwhelmed by the complexity of your work. You feel the need to be on top of all the details and global trends so you can control things better, but you are drowning in information. It is hard to see the proverbial forest from the trees. This is a sure sign that you have lost a sense of yo...
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Tactical hell
You find yourself embroiled in several struggles or battles. You seem to get nowhere but you feel like you have invested so much time and energy already that it would be a waste to give up. You have actually lost sight of your goals. Instead it has become a question of asserting your ego.
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Long-term and short-term thinking
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...
Short-Term Solitude
The way to minimize bad decisions, focus on things that matter, think independently, and have a life of freedom is: Sitting in solitude.
Thinking takes time, space and energy and we don’t do ourselves any favours by being constantly distracted or interrupted by the world. ...
Long-term thinking
Long-term thinking is more challenging than most people imagine. It is then also more lucrative than many people think.
The long run consists of a collection of short runs that you have to put up with: recessions, bear markets, meltdowns and surprises. Ins...
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