Personal Finance

Comply with Your Coronary heart, However Take Your Mind With You

 

Hearken to Episode 57:

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Episode 57 Chapters:

  • 01:15: The Excellent Pair of Denims
  • 03:26: Dangerous Intuitive Statisticians
  • 05:22: Episode Break
  • 07:27: A Bias In the direction of Immediate Gratification
  • 08:40: My Bitcoin Remorse
  • 10:48: Coronary heart vs Thoughts

Excerpts and Highlights:

We’re poor at holding rating, so the occasions after we didn’t observe our coronary heart and regretted the end result are stronger as a reminiscence than all these occasions after we adopted our logical thoughts and averted regret.

Once we do one thing proper, it’s unusual for us to think about the issues that would have occurred if we made the unsuitable alternative. However after we make a mistake, we repeatedly play in our head the issues that we might have finished as an alternative.

“Comply with your coronary heart, however take your mind with you.” –Dr. Alfred Adler

Talked about Examine:

Dickson, Ryan A et al. “The memory bump for salient private recollections: is a cultural life script required?.” Reminiscence & cognition vol. 39,6 (2011): 977-91. doi:10.3758/s13421-011-0082-3

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