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At what stage are you?
27/06/2018

At what stage are you?

We all belong to one of 5 tribes, whether we intend to or not. The tribe with which we associate largely determines what kind of success…

Some great principles
27/06/2018

Some great principles

All that we write about, think about, and strive for at Farnam Street draws inspiration from one of these five principles: Direction Over Speed, Live Deliberately, Thoughtful Opinions Held Loosely, Principles Outlive Tactics, and Own Your Actions.

Are we all liars? How much do you lie to yourself?What would it take not to?
26/06/2018

Are we all liars? How much do you lie to yourself?
What would it take not to?

One of the fastest ways to improve is to stop lying. To others, and to ourselves. Here are the 5 lies we love to tell (and how to stop telling them.)

"The Pygmalion effect has profound ramifications in schools and organizations and with regard to social class and stereo...
26/06/2018

"The Pygmalion effect has profound ramifications in schools and organizations and with regard to social class and stereotypes. By some estimations, it is the result of our brains’ poorly distinguishing between perception and expectation. Although many people purport to want to prove their critics wrong, we often merely end up proving our supporters right."

The Pygmalion Effect is a powerful secret weapon. Without even realizing it, we can nudge others towards success. In this article, discover how expectations can influence performance for better or worse.

"If a decision is reversible, we can make it fast and without perfect information. If a decision is irreversible, we had...
05/05/2018

"If a decision is reversible, we can make it fast and without perfect information. If a decision is irreversible, we had better slow down the decision-making process and ensure that we consider ample information and understand the problem as thoroughly as we can.

Bezos used this heuristic to make the decision to found Amazon. He recognized that if Amazon failed, he could return to his prior job. He would still have learned a lot and would not regret trying. The decision was reversible, so he took a risk. The heuristic served him well and continues to pay off when he makes decisions."

Reversible vs. irreversible decisions. We often think that collecting as much information as possible will help us make the best decisions. Sometimes that's true, but sometimes it hamstrings our progress. Other times it can be flat out dangerous. *** Many of the most successful people adopt simple,....

"Most parents deeply love their child, but more than a few are surprised when I ask them why they like their child. That...
04/05/2018

"Most parents deeply love their child, but more than a few are surprised when I ask them why they like their child. That’s rather telling. It suggests that we parents are often not very conscious of the gifts and qualities our child has. We don’t keep those in our mental awareness. But what if we did?
What would it be like to parent, to guide our child’s development, with a day-to-day awareness of our child’s likable strong points?"

What would it be like to parent, to guide our child’s development, with a day-to-day awareness of our child’s likable strong points? What if we felt gratitude for those things and held that gratitude in our hearts and minds?

03/05/2018

The danger of still being unconsciously incompetent while thinking you are consciously competent
"It appears that Alexander Pope was right when he said that a little learning is a dangerous thing. In our studies, just a little learning was enough to make participants feel they had learned the task. After a few tries, they were as confident in their judgments as they were ever going to be throughout the entire experiment. They had, as we termed it, entered into a “beginner’s bubble” of overconfidence."

What flavour of Stoic are you?
02/05/2018

What flavour of Stoic are you?

What would the conversation be like if two famous Stoics sat in a bar and discussed relationships? Here is our imagined dialogue between Epictetus and Seneca, two essential contributors to Stoic thought, at a bar presided over by an intellectually curious bartender, Kit.

"When it comes to thinking too many of us focus on the way we think things should be and not enough on the way things ar...
28/04/2018

"When it comes to thinking too many of us focus on the way we think things should be and not enough on the way things are."

Tiny changes in how you think can lead to massive changes in results.

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