telling your brain "i know you don't wanna do the thing and it'll be very uncomfortable for you at first but you can do it buddy. it'll be fine" is actually surprisingly effective. it sounds too simple but that fuckass organ WILL listen to you if you treat it with kindness lol
This person in the video has built a regression model on Lionel Messi’s (@TeamMessi) longevity and scoring ability and according to it Messi is about 8 standard deviations away from the curve (8 sigma). It is so rare in one tailed probability that the chance for someone like Messi to appear in this world is 1 in 1.61 quadrillion meaning Messi is virtually impossible and mathematically infinitesimally rare
To understand how small a 1 in 1.61 quadrillion chance is, compare it to this: Powerball Jackpot gives you a chance of winning the lottery with roughly 1 in 292 million chance. You are about 5.5 million times more likely to win the Powerball jackpot on a single ticket than to see an 8-sigma event
For comparison you can see image with @Cristiano Ronaldo in the next post, who is also an outlier, but the chance of seeing someone like him is way more likely
Stanford paid 35,000 people to quit Facebook and Instagram for 6 weeks
Depression dropped. Anxiety dropped. Happiness went up. Women under 25 on Instagram saw the biggest gains
That was 6 weeks. I'm going a full year.
Tener buenas ideas no alcanza para crear y escalar una compañía. Más importante es tener equipos excepcionales, estándares altos de ejecución y una cultura enfocada en la excelencia y la disrupción.
Compartí algunas reflexiones sobre eso con @WSJ (Wall Street Journal)👇
In 2001, Warren Buffett gave a talk at the University of Georgia.
He asked them the most Warren Buffett question ever:
• If you could invest in a friend and get 10% of their income for life -- who would you pick?
Once the students answered the question, he then asked this:
• Why would you invest in that person?
• What character traits do they have?
Now they have a list of character traits to adopt.
Shortly after this, Buffett asked:
If you could short a friend's earnings, who would you pick and why?
Now you have a list of character traits to avoid.
----
1. Do not think this thought experiment is limited to money.
If you don't care about money -- you can use it for whatever currency you value instead.
E.g. Happiness coin
If you could get 10% of a friend's happiness, who would you invest in and why?
If you could short someone's happiness, who would you pick and why?
You can run the same thought experiment with Fitness coin, Friendship coin, Romance coin, etc`
2. This thought experiment is genius because it hacks a bug in life's video game:
Humans are terrible at self-awareness.
But we are great at spotting things in other people.
E.g. If your friend is in the wrong relationship, you can realize in 10 minutes what may take them 10 years.
Daniel Kahneman summarised his book on cognitive biases with the following:
“The premise of this book is that it is easier to recognize other people’s mistakes than our own.” - Daniel Kahneman
3. Nuance - It has to be purely from merit.
Buffett says it can't be because someone will inherit a large sum from their parents.
It has to be based on their behavior.
E.g. If you want 10% of someone's fitness coin, it's not because of incredible genetics -- is because of the actions they take.
@DavooXeneizeJRR Te lo mandaría por directo pero hay que pagar para eso.
Que onda la reventa de la mano de gente del club? Es un papelón lo que están haciendo.
El mundo del gaming esta en serios problemas 😡 @womeningamesAR y @bbdo_argentina cambiaron las voces de jugadores masculinos y los expusieron a vivir la realidad diaria de las jugadoras. ¿El resultado? ⬇️
Un profesor de Yale analizó las recomendaciones de 50 libros más vendidos de finanzas personales y los comparó con los mejores papers de economía sobre el tema.
La tabla con los resultados:
#Stablecoins face an internal inconsistency: in order to preserve their stability, based on a currency-board type arrangement, they need to limit leverage and secondary money creation.
Sebastian Katz @UBAonline, @eduardoyeyati@UTDT_Gobierno
https://t.co/nmrqct5EWt