What could possibly come from a meeting between an individual who is one of only two psychologists to win the Nobel Prize for Economics and one of the most introspective spiritual (Buddhist) and political (Tibetan) leaders?[Read More...]
With reference to my original blog on business people wiring where I delve into reports that many “continue to believe that engaging in illegal or unethical activity is part and parcel of succeeding” in certain business, let me share some (depressing) comments from a recent book “Makers and Takers: The Rise of Finance and the Fall of American Business[Read More...]
Is it possible to have too much money?
Is it possible to be too well known?
Every (business) person knows neither of those prepositions could be true. But could they?
“A cognitive bias is a genuine deficiency or limitation in our thinking – a flaw in judgment that arises from errors of memory, social attribution and miscalculations (such as statistical errors or a false sense of probability).” ~ George Dvorsky[Read More...]
Just to compound the situation of thinking errors still further: the more time you spend making decisions (including trying to avoid the hundreds of “traps” that are out there) the lower your overall willpower will be.[Read More...]