Wise Ideas from Morgan Housel’s Book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

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One of the better books about financial education that I have read is Morgan Housel’s book, The Psychology of Money: Timeless lessons on wealth, greed, and happiness. This book started as a blog post that can be read here. Some sharp insights in this book struck me, and I will discuss them in more detail in the following paragraphs.  Investing is not the study of finance but how people behave with money The premise of this book is that doing well with money has little to …

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End of the Year Favourites (2021)

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Some of the articles I most enjoy reading are the recommendation articles from the people I follow. So I thought to share my better discoveries of 2021. This article is not sponsored, and there are no affiliate links as I only want to recommend things that I found valuable over this year.  Books  There were quite a few books I marked with four or five stars on my Goodreads profile, but I want to talk in particular about three of them as they made …

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What Holds Back Innovation

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The world is full of obvious things which nobody by any chance ever observes. Sherlock Holmes  For at least five millennia, we used wheels for transportation, from carts to cars, trains, pushchairs, bicycles, etc. Across ages, we also had heavy trunks to carry luggage. To help with the workload of carrying bags, we used carts with wheels to transport them because wheeling bags was much easier than lugging them. But still, for all the creative minds and visionaries that humankind had across centuries, it …

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Cognitive Reappraisal or How to Cope with Unpleasant Feelings through Reframing

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In psychologist Guy Winch’s book The Squeaky Wheel: Complaining the Right Way to Get Results, Improve Your Relationships, and Enhance Self-Esteem, I came across one of the most descriptive explanations of how to handle the emotional load of uncomfortable situations.  What we call feelings are complex experiences composed of several elements. Anger, frustration, sadness, rage, exasperation, etc., are our subjective experiences (“feelings”) of particular events in our life. First, these emotional experiences are always accompanied by physiological reactions: potential elevated heart rate and blood pressure, stress hormones …

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Letters to my Daughter: Learning How to Pass a Test

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So here we are, my dear, facing the test. I showed you all the learning techniques, and you know which methods are efficient, and which aren’t. You know how to take good notes in class, you read your assignments, you do your homework. And most importantly, you know that the most efficient method of studying is self-testing. Minute per minute, you will retain more if you spend one hour taking a test on a topic than studying an hour on the same material.  Long before the …

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Mastering a Crucial Skill for Adaptation: Learning How to Learn

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Muad’Dib learned rapidly because his first training was in how to learn. And the first lesson of all was the basic trust that he could learn. It’s shocking to find how many people do not believe they can learn, and how many more believe learning to be difficult. Muad’Dib knew that every experience carries its lesson. Frank Herbert, Dune  An article published by the World Economic Forum says that we are “in the middle of a global reskilling emergency” as AI will automatize some of our …

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What is Creativity?

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One way to define creativity is to look at the same things as anyone else but see them differently. Or, as Stephen King remarked in his book On Writing:  Two previously unrelated ideas come together and make something new under the sun. Your job isn’t to find these ideas but to recognize them when they show up.  Similarly, Adam Grant wrote in his Originals book: I once heard creativity described as being the ability to grasp the essence of one thing and the essence of some very …

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AI’s Impact on the Future of Jobs

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May you live in interesting times.   An English expression that is claimed to be a translation of a traditional Chinese curse The First Industrial Revolution brought us the steam engine, while the Second Industrial Revolution focused on steel production, chemicals, electricity. The Third Industrial Revolution, called the Digital Revolution, was characterized by the invention of the Internet and the World Wide Web. How will the Fourth Industrial Revolution look? Profoundly exciting and highly problematic. New vistas will open where incredible breakthroughs can happen because AI holds enormous potential. This …

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