It seems like investors are especially obsessed with the psychology of decision making - high stakes, after all - but all kinds of decisions, whether in life or business - like dating, product management, what to eat or watch on Netflix - are an "investment portfolio" of decisions... even if you sometimes feel like you're making one big decision at a time (like, say, marriage or what product to develop next or who to hire).
Obviously, not all decisions are equal; in fact, sometimes we don't even have to spend any time deciding. So how do we know which decisions to apply a robust decision process too, which ones not to? What are the strategies, mindsets, tools to help us decide? How can we operationalize a good decision process and decision hygiene into our teams and organizations? After all, we're tribal creatures - our opinions are infectious (for better and for worse) - so how do we convey vs. convince, and not necessarily agree but inform to decide? Especially given common pitfalls (resulting, hindsight bias, etc.), and "the paradox of experience", including even (and more so) winning vs. losing.
Decision expert (and leading poker player) Annie Duke tells us more
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.
Life
Why social media is so good at polarizing us Mathematicians are teaming up with political scientists to create models of how social media divides us, and results suggest at least one popular solution might actually make the problem worse
Editor's Note: According to David Sabin-Miller and Daniel Abrams, creators of this latest model, exposing us to viewpoints different from our own, in whatever medium we encounter them, might actually be part of the problem. The reason is probably intuitive for anyone who has the misfortune to spend an unhealthy amount of time on Facebook, Instagram, Twitter, YouTube or even cable news. (During the pandemic, that's more of us than ever.) Because social media and Balkanized TV networks tend to highlight content with the biggest emotional punch - that is, they operate on the principle that if it's outrageous, it's contagious - when we're exposed to a differing view, it often takes an extreme form, one that seems personally noxious. Mr. Sabin-Miller and Dr. Abrams, both mathematicians, call this effect "repulsion." In addition to the "pull" of repeatedly seeing viewpoints that reinforce our own, inside of our online echo chambers, repulsion provides a "push" away from opposing viewpoints, they argue. Importantly, this repulsion appears to be a more powerful force, psychologically, than attraction to our own side of a debate.
Is Pakistan's Imran Khan's political career in serious trouble? Pakistani prime minister Imran Khan's political career is in serious trouble. The newly formed 11 political parties' strong alliance called Pakistan Democratic Movement (PDM), which includes heavyweights such as the liberal centre-right Pakistan Muslim League (N) (PMLN), centre left social democrat Pakistan People's Party (PPP) and the conservative right-wing Deobandi Jamiat Ulema-e-Islam-Fazalur Rehman (JUI-F) has posed a serious threat to the current Pakistan Tehreek e Insaf (PTI) government.In pic: Leaders of opposition party 'Pakistan Democratic Movement' Maryam Nawaz, second left, and Bilawal Bhutto Zardari, right, wave to their supporters as they arrive to attend an anti government rally, in Karachi, Pakistan. Beginning of the end of Imran Khan?
Your Brain Makes You a Different Person Every Day Nautilus is a different kind of science magazine. We deliver big-picture science by reporting on a single monthly topic from multiple perspectives. Read a new chapter in the story every Thursday.
How The Pandemic Actually Helped This Travel Show A collective interest in both dream destinations and leaving small big city apartments has been a boon for an NBC travel and lifestyle show from Boston. Find out why.
Why IPOs, Direct Listings, and SPACs Will Flourish in Startupland Most high-growth software investors value public companies on enterprise value to forward revenue multiple. But investors in private companies use a different metric, enterprise value to forward annual recurring revenue (ARR).The private markets project the ARR a year from now. The public markets project revenue for the next 12 months What if we could compare the relative valuation multiples of public and private high growth software companies? What conclusions could we draw?
Make us part of your daily routine TradeBriefs and TradeBriefs International, bring you the best in business, culture, science and opinion. We bring you the important stories, not just the popular ones!
TradeBriefs Publications are read by over 10,00,000 Industry Executives
Dharmendra ji is leading our flood relief in Bihar and a source of constant inspiration for us to provide more help to the flood victims. You can call him @ 9431477171 if you want any direct feedback from the ground level or for sending any material. Convenient timings to call: 7:00 AM to 9:00 AM in Morning (IST) 10:30 PM to 12:00 AM in Evening(IST)
Latest Update: Health care, a prime concern at the moment. As the water is receding in some areas, they are becoming epidemic prone !
This blog has information received from Bihar on flood relief efforts undertaken by AID, AID India and partners. Donations links:
-k3HG--621x414@LiveMint_1603177901367.png)
No comments:
Post a Comment