We overestimate the change that occurs in the next two years and underestimate the change that will occur in the next ten.
Category: Behavior
From problem solving, to logical fallacies, to whether you should pick up someone else’s garbage–these posts all deal with the way we interact with the world. Some have a financial-twist, while others are simply my philosophical musings.
I hope these Behavior posts provide you with an actionable idea you can use to improve your life.
Results-oriented thinking: a bias you need to break
Don’t judge a book by its cover, and don’t judge a decision by its result. Results-oriented thinking is a logical fallacy.
Personal finance and mental health in 2020
Diet–check. Exercise–check. What about personal finance and mental health? Two massive ways to have a positive effect on your 2020 year!
Leave bigger tips, for others and yourself
When you leave bigger tips, you make a small sacrifice for another’s bigger gain. When else do we set aside resources for bigger gains? Investing!
The Fulfillment Curve
There will come a point where more spending does not lead to more happiness, but actually does the exact opposite.
Simple Responsibilities
Some weeks are full of MATLAB, market economics, and compounding (and confounding) math. But this week, let’s change it up. I’m going to put the 401(k) on the back burner, and instead talk about garbage, green lights, and the simple…
Memento Mori
The point of ‘memento mori’ isn’t to cause fear or to be morbid. It’s not a downer. It’s motivation, and inspiration, and a gentle, true reminder of what’s coming.
Adherence
Hoping to develop new behavior, but finding it hard to stick to a good habit? The problem is adherence. But you can change it for the better!
Risk Posture
“If I compared 1000 401(k) maximizers against 1000 degenerate gamblers, which group would have a better financial outcomes?”
Their risk posture is key.
And…Action! Some words on Howard Zinn
Action, participation, encouraging positive change…these are snowballs that any person can start rolling.
Will you be that person?