• That thing that made you weird as a kid could make you great as an adult — if you don’t lose it.
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"One thing I've learned as an adult that I didn't realize as a kid is how precisely you have to aim at a goal to hit it. If you choose to optimize something even slightly off to the side, you'll sometimes achieve almost nothing toward your intended goal."
PAUL GRAHAM
Commitment Devices
First, give your friend $100. If you get the task done by 5 PM, you get your $100 back. If it doesn’t, you lose the $100.
Or make it $200 that the friend doesn’t keep — they donate it to some weird organizations, in your name.
Get the picture? That’s a commitment device.
Can Thinking Probabilistically Make Our Decisions Worse Rather Than Better?
- If you’re in savannah and you hear rustling in the grass, you don’t want to spend time thinking about the probability that it’s a lion.
- When making bets with friends, it’s probably best to not make any bets that can be interpreted as negative, such as betting your friend’s kid won’...
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