Learn more about personaldevelopment with this collection
How to focus on the present moment
How to cultivate empathy and understanding towards others
How to set personal and professional goals
Find Joy In Being Wrong
When we learn to consider our ideas, conclusions, or theories to be provisional or as something that can be changed or proven wrong later on, we are then less likely to commit to a losing strategy.
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Beware of "Founder Syndrome"
The Founder Syndrome is when one who has overgeneralized the wrong lesson when he betted against the consensus, thus admitting to themselves that they have better judgment.
The approach to take in situations stated above is to analyze the reason why we were right and why ot...
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One Reason You Might Be Wrong
Being overly confident is a double-edged sword. In order to curb this, we must give ourselves at least one reason why we might end up wrong.
When forming an opinion, we can ask ourselves "what would have to happen in order to prove myself or my opinion wrong?
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Develop A Trusted "Challenge Network"
No matter how self-aware we are and how conscious we are in making decisions, we are still unlikely to see all of our blindspots. To help with this, forming a team of employees you trust who are willing to challenge you can help you ensure that honest feedback will be giv...
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Adam Grant makes some good points about leadership
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Fear Of Being Wrong in Trading
We are hardwired to be right and are awarded throughout our life pursuing what is right while being punished if we are wrong. From an early age, we learn to avoid the embarrassment of being wrong.
Trading success does not rely on one being right all the time or ev...
Two implications to Democritus' theory about atoms
- The world as we know it doesn't really exist. It is just incomprehensible atoms, and our minds create a reality out of these atoms.
- The world is entirely made up of atoms.
Democritus was then the first "determinist" in that he stated ...
Inductive reasoning: From observation to theory
Inductive reasoning involves looking for a trend or a pattern, then using the observations to formulate a general truth. For example, "When I eat peanuts, my throat swells up and I have difficulty breathing. Therefore, I'm likely allergic to peanuts."
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