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Friday, April 27, 2018

Why we make BAD decisions !


Those of you who don't take the time to listen to this will definitely continue to make bad decisions ... most likely so will the rest of us (maybe a small chance we can live more in the future and less in the now). Listen, read, reflect. Good Luck !

Hidden Brain




It turns out that, in fact, the world was given this gift in 1738 by a Dutch polymath named Daniel Bernoulli. And what I want to talk to you about today is what that gift is, and I also want to explain to you why it is that it hasn't made a damn bit of difference.

Bad Decisions

Ah, for you in persuading them. Well, it's notoriously difficult to get people to be farsighted.  But one thing that psychologists have tried that seems to work is to get people to imagine the future more vividly. One of the problems with making decisions about the far future and the near future is that we imagine the near future much more vividly than the far future. To the extent that you can equalize the amount of detail that people put into the mental representations of near and far future, people begin to make decisions about the two in the same way. So, would you like to have an extra 100,000 dollars when you're 65 is a question that's very different than, imagine who you'll be when you're 65: will you be living, what will you look like, how much hair will you have, who will you be living with. Once we have all the details of that imaginary scenario, suddenly we feel like it might be important to save so that that guy has a little retirement money. But these are tricks around the margins. I think in general you're battling a very fundamental human tendency, which is to say, "I'm here today, and so now is more important than later."


This Article Won’t Change Your Mind -The Atlantic


Why we make BAD #decisions !  #Elect the wrong people!  Believe obvious liars !  > #Trump WI 1848 Forward #TED Dan #Gilbert - In our psyche. 

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