Prepare yourself for luck, but don’t seek her out. Let her come to you.
-How to get rich, p.146 Continue reading Prepare yourself for luck, but don’t seek her out. Let her come to you.
-How to get rich, p.146 Continue reading Prepare yourself for luck, but don’t seek her out. Let her come to you.
No one can make you feel inferior without your consent. We may detest arrogance, yet isn’t it true that we admire it a little, too? Even though arrogance is a poor, shabby thing compared with rooted self-belief. It is an imitation of the real thing. -How to get rich, p.115 Continue reading Self-belief is a priceless asset
When we consume, we experience pleasure. As long as the things we consume are novel. But as we adapt, the novelty wears off and pleasure becomes comfort. This is called the hedonic treadmill or satisfaction treadmill. It’s a thrill to drive your new car for the first few weeks; after that, it’s just comfortable. It sure beats the old car, but it isn’t much of a kick. Faced with this inevitable disappointment, we can either be driven to pursue novelty. These new commodities will give us pleasure until repeated exposure. Expectations of having something new are not matched by reality, … Continue reading The key to experience pleasure
When you have too many options, you become responsible for what happens to you. The Paradox of choice Continue reading Feeling responsible of a failure
On almost every occasion someone tells you they’re burning out, they’re doing something that is largely motivated by external rewards (money, followers, status). To avoid this, do the things that you would do if you had all those external rewards. Continue reading About to burn-out/lacking motivation?
One of the worst thing in life is stress. It kills you much more than junk food or lack of exercising. Let’s say you buy an expensive car (90k) while you make 200k per year. Because you salary is high but not crazy high in relation to your car’s value, you will stress when you hit a puddle. Your heart will stop if you drive fast over a bump. You will get mad and stressed if someone hit your car. Don’t make the double mistake of buying an expensive car and stress for it. Get a beater, whether that’s an … Continue reading Choose carefully what is worth stressing for.
The goal of maximizing is a great source of dissatisfaction. Because it is a daunting task to look for the best. And even once you made a decision, you are still questioning your decision, maybe there was a better option somewhere. The opposite is satisficing. Where you will settle for something that is good enough and not worry about the possibility that there might something better elsewhere. In our world with an increasing number of choices, the need to gather information is rapidly overwhelming. According to Nobel Prize-winning economist Herbert Simon, when all the costs (time, money and anguish) are … Continue reading Satisficer vs Maximizer, a key to happiness