Hey I am on Medialย โขย 3d
First principles thinking is great in theory but humans are terrible at it in practice. We're biased by anchoring effects, survivorship bias, and overconfidence. Most people who think they're doing "first principles" analysis are just rationalizing their existing beliefs with extra steps.
Business enthusiasti...ย โขย 3m
โAnchoring Effect: The First Price You See Changes Everythingโ The Anchoring Effect is a cognitive bias where people rely too heavily on the first piece of information (the โanchorโ) they see when making decisions โ especially in pricing. Businesses
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๐ DAILY BOOK SUMMARIES ๐ ๐ DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ https://drive.google.com/file/d/1Lhb3QcIPefOPk8YzjQ9zBJlalxWqP6kE/view?usp=drivesdk ๐ฅ The Art of Thinking Clearly ๐ฅ ๐ 20 Lessons ๐ โจ Rolf Dobelli โจ 1. What is Co
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I recently came across some Cognitive Biases that are quite interesting, which can help self-assessment. What basically ae these biases? Cognitive Biases are the errors in our thinking, which are done to make decisions quicker and less painful for
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๐ DAILY BOOK SUMMARIES ๐ ๐ DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ https://drive.google.com/file/d/18xOMsRbe8b4vP3zYKobcbsDj4FWlRcMi/view?usp=drivesdk ๐ฅ Thinking, Fast and Slow ๐ฅ ๐ 20 Lessons By ๐ โจ Daniel Kahneman โจ 1. Two System
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day 1 - THE HALO EFFECT The Halo Effect is a type of cognitive bias where our overall impression of a person influences how we feel and think about their character or abilities. Here's a simple way to understand it: Imagine you meet someone who lo
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๐ DAILY BOOK SUMMARIES ๐ ๐ DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ https://drive.google.com/file/d/1ZlYl9EZiJBLoJWjtUhwJ4JsdC26EQDp6/view?usp=drivesdk ๐ฅ The Black Swan ๐ฅ ๐ 20 Lessons from ๐ โจ By Nassim Nicholas Taleb โจ 1. Definiti
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ADJUVA LEGALยฎย โขย 4m
Your Biggest Blind Spot? Why Confirmation Bias Kills Startups ๐ก How Seeing Only What You Want to See Sabotages Your Business Reality ๐ค What is Confirmation Bias, Simply Put? (For Founders) It's the mental shortcut where you unconsciously favour
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ADJUVA LEGALยฎย โขย 20d
DBA Lessons for Founders - Business Continuity Management (BCM) Your growth strategy is solid ๐, but what happens when a key supplier goes dark overnight? Or a power outage shuts down your operations for 48 hours? ๐ In today's world, unexpected d
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