Austin T 5/2/23 Austin T 5/2/23

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

Austin T 9/18/20 Austin T 9/18/20

Book Summary: Principles by Ray Dalio

Life can seem like an infinite blizzard of events we’re trekking through, but in reality, variations of the same kinds of things happen to us over-and-over again, throughout both daily life and history.

Austin T 9/8/20 Austin T 9/8/20

The Psychology of Personal Finance: Meet Diligent, Destitute and Dickey (Part 2)

There are three broad approaches you can take for your personal finances, which in large part is behavioral. And so, I’ve modeled these approaches with three fictional characters.

Thus, meet: Diligent the Rational, Destitute the Emotional and Dickey the Blend

By a 72 9/7/20 By a 72 9/7/20

The Psychology of Personal Finance: Meet Diligent, Destitute and Dickey

There are three broad approaches you can take for your personal finances, which in large part is behavioral. And so, I’ve modeled these approaches with three fictional characters.

Thus, meet: Diligent the Rational, Destitute the Emotional and Dickey the Blend.

Austin T 8/14/20 Austin T 8/14/20

Jeff Bezos’s 2016 Letter to Shareholders: Eagerly Embrace External Trends

History tells the tale of countless companies that strut their hour on the stage and are heard from no more. For example, out of the Fortune 500 list from 1955, detailing America’s largest companies, 50 remain on the list in 2020—unwelcome news for Day 2 skeptics. What to do?

By a 72 8/13/20 By a 72 8/13/20

Jeff Bezos’s 2016 Letter to Shareholders: A Skeptical View of Proxies

In business, proxies are numbers, figures, charts or processes that decision-makers often rely on to quickly get a feel for current and future performance. Proxies are a 50,000 foot view of a given situation, and they’re typically easy to generate which is part of the value.