Money and Finance
- A Smart Diet...
From The New Evolution Diet:A smart diet reduces the amount of energy (meaning food) you feel like consuming at the same time that it increases the amount of energy you feel like spending. And this occurs spontaneously, without any thoughts of cutting...
- Daniel Kahneman's Long Now Talk
Link to video: Daniel Kahneman: Thinking Fast and SlowBefore a packed house, Kahneman began with the distinction between what he calls mental “System 1”---fast thinking, intuition---and “System 2”---slow thinking, careful consideration and calculation....
- Which Traits Predict Success? (the Importance Of Grit) - By Jonah Lehrer
Found via Simoleon Sense.What are the causes of success? At first glance, the answer is easy: success is about talent. It’s about being able to do something – hit a baseball, play chess, trade stocks, write a blog – better than most anyone else....
- The Secret Of Memory
Found via Simoleon Sense and Farnam Street.When I first set out to train my memory, the prospect of learning these elaborate techniques seemed preposterously daunting. One of my first steps was to dive into the scientific literature for help. One name...
- Mind Over Money
In Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich (Simon & Schuster), author Jason Zweig, a senior writer at Money magazine, offers new explanations about what makes the investing brain a battleground between...
Money and Finance
Daniel Kahneman quote
From Thinking, Fast and Slow:
“As you become skilled in a task, its demand for energy diminishes. Studies of the brain have shown that the pattern of activity associated with an action changes as skill increases, with fewer brain regions involved. Talent has similar effects. Highly intelligent individuals need less effort to solve the same problems, as indicated by both pupil size and brain activity. A general “law of least effort” applies to cognitive as well as physical exertion. The law asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.”
- A Smart Diet...
From The New Evolution Diet:A smart diet reduces the amount of energy (meaning food) you feel like consuming at the same time that it increases the amount of energy you feel like spending. And this occurs spontaneously, without any thoughts of cutting...
- Daniel Kahneman's Long Now Talk
Link to video: Daniel Kahneman: Thinking Fast and SlowBefore a packed house, Kahneman began with the distinction between what he calls mental “System 1”---fast thinking, intuition---and “System 2”---slow thinking, careful consideration and calculation....
- Which Traits Predict Success? (the Importance Of Grit) - By Jonah Lehrer
Found via Simoleon Sense.What are the causes of success? At first glance, the answer is easy: success is about talent. It’s about being able to do something – hit a baseball, play chess, trade stocks, write a blog – better than most anyone else....
- The Secret Of Memory
Found via Simoleon Sense and Farnam Street.When I first set out to train my memory, the prospect of learning these elaborate techniques seemed preposterously daunting. One of my first steps was to dive into the scientific literature for help. One name...
- Mind Over Money
In Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich (Simon & Schuster), author Jason Zweig, a senior writer at Money magazine, offers new explanations about what makes the investing brain a battleground between...