You can consider optimism and pessimism as two different types of biases. "Optimists" supposedly see the world in a way where things are better than they actually are. "Pessimists" supposedly see the world in a way where things are worse than they actually are. "Realists" are meant to be the people who see the world… Continue reading We’re All Biased
Every doctor had a bright future, in their past. The trick is to not let the future catch up with you.
Be very weary of anything which will reduce the time you have to accomplish something. Time is undervalued and underappreciated. Sometimes it's tempting to do something which will give you a short term gain, but that will reduce the time you have to accomplish X,Y and Z. For example if you take anabolic steroids, it may… Continue reading Time As Arbitrage
It's ok for people to not agree with you. However, if someone doesn't agree with you but then goes on to say exactly what every other sheep would say then that means you're talking to a fool. When talking to people who are brain-damaged in the same way, realise that they're thoughts have been hijacked.… Continue reading Brain-Damaged In The Same Way
Imagine you're trying to compete with Coca-Cola by creating a new soft drink. A room full of business types would probably get together and say that you need to develop a drink that you can drink a lot of, tastes better and is cheaper. But funnily enough Red Bull came along and made tiny cans,… Continue reading Always Aim To Beat The Competition Without Competing
In artificial exams there is only one way to succeed and one way to fail. You succeed by giving the pre-determined correct answer and you fail by not being able to give enough of these answers. If you fail, all you have to do in artificial exams is learn more of the correct answers and… Continue reading Failure Is Overrated
Only fools do something that is bound to fail. And only failures do something that is bound to succeed.
The bell curve has caused untold damage to the way people think about the world. For some reason when people are introduced to a "model" of how one thing works, they start applying the same model to different domains in life. Just because height follows a bell curve, does it mean that intelligence does? (No.)… Continue reading The Wrong Model
The person you can't criticise is the person who owns you.
Isn't it odd that the government allows banks to lend out more money than the bank physically owns? When a bank considers lending money to someone, they look at that customers previous history and current circumstances. If the customer ticks all the right boxes then the bank can give that customer money which the bank… Continue reading Belief In The Future