Noteworthy Nonsense
Notes on Communication, Decision-Making and Business & Investing
Why Leaders Overpromise
“Overpromising may be necessary to get the resources. It may be necessary to get the initial enthusiasm that is needed to do anything at all. There is so much inertia that realistic promises are at a major disadvantage. They’re at the major disadvantage because everybody else is over-promising.” - Daniel Kahneman
How to Guarantee a Life of Miscommunication
In the spirit of Carson and Munger’s speeches, I share with you my own recommendations, but for a different subject: how to guarantee a lifetime of miscommunication (so that you may avoid this).
And like them, I speak from experience.
System 1 and System 2 Thinking: How We Make Decisions
You might think we make all of our decisions the same way, but it turns out we have two very different decision-making systems.
Nobel Prize winning Psychologist Daniel Kahneman, in his book Thinking Fast and Thinking Slow, details two cognitive processes for decision-making: fast System 1 and slow System 2.
Book Summary: Man’s Search For Meaning by Viktor Frankl
“Everything can be taken from a man but one thing: the last of the human freedoms—to choose one’s attitude in any given set of circumstances, to choose one’s own way.”