YOUR PERSONAL EXPERIENCES MAKE UP MAYBE 0.00000001% OF WHAT'S HAPPENED IN THE WORLD BUT MAYBE 80% OF HOW YOU THINK THE WORLD WORKS - Deepstash

YOUR PERSONAL EXPERIENCES MAKE UP MAYBE 0.00000001% OF WHAT'S HAPPENED IN THE WORLD BUT MAYBE 80% OF HOW YOU THINK THE WORLD WORKS

People believe what they’ve seen happen exponentially more than what they read about has happened to other people, if they read about other people at all. We’re all biased to our own personal history. Everyone.

[Y]ou both understand something that people who haven’t experienced those things never will, but you’ll also likely overestimate the prevalence of those things happening again, or happening to other people.

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MORE IDEAS FROM Ideas That Changed My Life · Collaborative Fund

Start with the assumption that everyone is innocently out of touch and you’ll be more likely to explore what’s going on through multiple points of view, instead of cramming what’s going on into the framework of your own experiences. [I]t’s the only way to get closer to figuring out why people behave like they do.

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The biggest lesson from the 100 billion people who are no longer alive is that they tried everything we’re trying today. They swung from optimism to pessimism at the worst times. They battled unsuccessfully against reversion to the mean. They learned that popular things seem safe because so many people are involved, but they’re most dangerous because they’re most competitive.

Same stuff that guides today, and will guide tomorrow.

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I have seen investors justify strategies and sales techniques they fiercely argued against at previous employers, coming around the moment their career depended on it. These are good, honest people. But self-interest is a freight train of persuasion. When you accept how powerful it is you become more skeptical of promotion, and more empathetic to those doing the promoting.

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It’s usually viewed as a conservative hedge, used by those who don’t want to take much risk. But when used appropriately it’s the opposite. Room for error lets you stick around long enough to let the odds of benefiting from a low-probability outcome fall in your favor.

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  • Learn faster than your competition.
  • Empathize with customers more than your competition.
  • Communicate more effectively than your competition.
  • Be willing to fail more than your competition.
  • Wait longer than your competition.

Everything else – intelligence, design, insight – gets smashed to pieces by competitors who are almost certainly as smart as you.

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There’s as much to learn about your field from other fields than there is within your field. Once you see the roots shared by most fields you realize there’s a sink of information you’ve been ignoring.

Communication is important. Many doctors who struggle to communicate effectively with their patients results in patients who don’t stick with treatment plans and are resistant to lifestyle change.

There are millions of these dots to connect.

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  • Countries, states, parties, companies, industries, departments, investment styles, economic philosophies, religions, families, schools, majors, credentials, Twitter communities.
  • People are drawn to tribes because there’s comfort in knowing others understand your background and goals.

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  • Tribes reduce the ability to challenge ideas or diversify your views because no one wants to lose support of the tribe.
  • Tribes are as self-interested as people, encouraging ideas and narratives that promote their survival. But they’re exponentially more influential than any single person. So tribes are very effective at promoting views that aren’t analytical or rational, and people loyal to their tribes are very poor at realizing it.

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RELATED IDEA

Belongingness

Individuals often seem defined by their need to belong to a certain group: family, school, political party. This can be explained by the fact that it is seldom easier to defend a viewpoint on your own while having the support of an entire group provides you with all the necessary confidence. 

However, the main drawback consists of becoming so easily manipulated, that often one is not even aware of it.

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Common Causes Of Bad Decisions: Social Pressure
  1. People push their moral boundaries due to incentives and rewards.
  2. No one wants to be kicked out of a tribe or community so they play along.
  3. People do not think through the consequences.
  4. Little things and tiny, overlooked details snowball into something big.
  5. Other people's errors are easier to spot than one’s owns, leading to blind spots and denial of one’s faults.

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Truth To Power For Writers
  • Whatever your medium of publication, the first five seconds make or break the interest of the reader.
  • Good ideas are easy to write, and if the idea isn’t a good one, there is a likelihood of a writer’s block.
  • Two decades ago, reading a complete book was easier as there were fewer distractions. Smartphones have made people infinitely distracted due to the constant ‘dopamine hits’ it offers. One has to keep the dwindling attention span of people in mind while writing.
  • Brevity is King.
  • One has to be ruthless in the destruction of bad writings.

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