On November 28, 2023, the world lost a mental giant. When he passed, Charlie Munger was a couple of months shy of his 100th birthday. It was a long life, filled with exploration, learning, and wit. Of all the things Munger did in his life, one of his most impactful was passing on wisdom to others.
Mungerisms: Memorable Thoughts and Quotes from a Mental Giant Read More »
Everyone, everywhere, at some point in their lives, has believed something that was wrong. This isn’t new. People used to think the Earth was flat. Or that the Earth was the center of the universe. Or that bloodletting was an effective medical practice. And so on.
Forming an incorrect belief isn’t a defect in humanity. But holding onto that belief is.
In the world of sports, we easily understand that someone has to be in a certain type of shape to compete in a specific event. And we acknowledge that applies to other professional endeavors. But it’s oftentimes overlooked that the same principles also apply to our personal lives.
What are You in Shape For? Read More »
Being scared and being fearful sounds like the same thing, but they might have more differences than first meets the eye. One is experienced quickly—we acquired it through countless iterations of evolution. The other is slow and purposeful, even though we oftentimes don’t view it that way.
But the linguistic distinction isn’t important. The phenomena are. We can be excused for a reactionary response outside of our control. But much resides within our area of control. It may not always be easy; nevertheless, the choice to surmount our fears is ours.
A Scare and a Fear Read More »
The quality of our decisions significantly impacts our lives. Good decisions keep us out of trouble while bad decisions mire us in misery. Or at least that’s the common perception. Like most things in life, it’s more complicated than that. Judging the quality of a decision requires more effort than just observing the outcome. Good decisions can yield undesirable outcomes and bad decisions can produce desirable ones. Some factors that we must consider when judging a decision are the amount of information we had at the time of the decision, the quality of that information, the decision making process, likelihoods of certain outcomes, and, of course, luck.
The Decision-Making Process: More Than Just Outcomes Read More »
Biases affect how we interpret and process information. Everyone has them; we cannot fully eliminate biases in our lives. But we can mitigate their impacts on our lives.
Biases: An Overview of Mental Malfunctions Read More »