We’re All Biased

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

Time As Arbitrage

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

Always Aim To Beat The Competition Without Competing

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

Failure Is Overrated

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