An important perspective related to decision-making is cognitive dissonance which is generally described as habitual ways of thinking that are negatively biased. The following can serve as a ‘field guide’ of landmines for new and experienced investors and managers to keep in mind.
As I write this article, more (and more) bad/depressing news continues to surface related to wars, famines, paradigms that are disintegrating, etc. While I have works-in-progress related to these situations, I thought it made sense to start on my ‘home turf’ – that is business.
As an (at least symbolic) statement we have advanced in the war on COVID-19 to the point that we can start to address items other than coping strategies. In these articles, I want to touch on a topic stimulated by feedback from Adrian Garcia who is the highly regarded lead instructor and architect of our Kirchner Investment Academy. Adrian reports that the largest stumbling block for new investor ‘students’ relates to land mines around decision making.
Thanks to a good friend and highly regarded neuroscientist Gitendra Uswatte, we have gone back to the drawing board on the article entitled Takers - A Result of the Imp of the Perverse - Part 1.
This post is simply a cross section of information designed to illustrate some of the many documented benefits of mindfulness. As a quick sidebar, I believe it is philosophically inconsistent with mindfulness for it to be used to “enhance performance”.
Part 3 of the Series on nonverbal communication. I have become intrigued by a couple broader stroke concepts regarding nonverbal communication which is where I will begin. While they are each applicable to both inbound and outbound messaging I present them here mostly in the context of delivering a convincing (nonverbal) message.
Every business has a quiver full of arrows (communications, marketing, accounting, information systems, etc.) and everyone is targeting the same game (client/customer).You need an advantage.
Now I’m not suggesting that this is some new idea I came up with. I don’t see this as the start of a new conversation. I am jumping into an existing dialogue with the hope of providing context, structure and experience to expand the dialogue.