Business, life

Decisions And Intuition – Daniel Kahneman

Psychologist and Nobel laureate Daniel Kahneman reveals the actions we can take to overcome the biases. He talks in this podcast about the things that cripple our decision-making, damper our thinking, and limit our effectiveness.

Some gems from his conversion:

First one, is thought provoking as you take it to your personal or professional life.

“I think changing behavior is extremely difficult. There are a few guidelines about how to do that, but anybody who’s very optimistic about changing behavior is just deluded.”

The second is about incentives and it’s putting more light to Charlie’s perceptions.

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life

Factfulness – Book Review

It’s one of the best books I read during 2018.¬†

Hans Rosling was a great author (and a speaker) and he expressed his ideas in a very clear way. One of the great things that open this book, is the test that he gives you at the beginning. It comes to prove you, how little you know about the world we live in. It drives the point home very clearly.

Don’t believe?

Try it for yourself:

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life

The Emperor of All Maladies

I’ve just finished this interesting book on the biography of cancer. On one hand, it’s a depressing story, as we are still losing many battles.
On the other hand, there are many ways that progress have been made and hopefully, we are in a phase (e.g. genomics research and the cost reduction in analyzing DNA) that will bring us more victories. It is a story about the  history of research with eureka moments and decades of despair.

The author, Dr Mukherjee does a great job in describing the history from its first documented appearances thousands of years ago (when the Greek historian Herodotus records the story of Atossa the queen of Persia and the daughter of Cyrus, who noticed a lump in her breast.) through the progress in the twentieth century to cure, control, and conquer it to a radical new understanding of its essence. 

I found somewhere this encouraging answer he gave to the question “With all that you have learned up to this point, are you hopeful in terms of cancer research and possible cures?”
Mukherjee: “I feel pathologically hopeful!
The opposite of hopeful is hopeless.
How can you be hopeless?
Discoveries have occurred, and discoveries are occurring.
Look at history, does that mean that every move becomes the most brilliant discovery or the universal cure for cancer? No.
But history clearly shows a track record of progress. Medicine is caught in this moment of pulling out from a sea of uncertainty these little pieces that are more certain than others. I often tell fellows and residents, to me there is no discipline we practice as human beings that manage this level of complexity. Not just statistical or scientific complexity, but emotional complexity. That‚Äôs what makes it one of the most unbelievably moving professions that exist.”



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life

How to Be Happy Without Getting Lucky

Perfect spot for thinking and breathing

A perfect spot for thinking and breathing

 

All the great ideas here are from @Naval
I just edit it so I could comeback and read it from time to time.

1. Seek wealth, not money or status.

Wealth is having assets that earn while you sleep.
Money is how we transfer time and wealth.
Status is your place in the social hierarchy.‚ÄŹ

2. Understand that ethical wealth creation is possible.
If you secretly despise wealth, it will elude you.‚ÄŹ

3. Ignore people playing status games.
They gain status by attacking people playing wealth creation games.‚ÄŹ Continue reading

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Business, life

Make Better Decisions

The lake and clouds near HWY 92&280

Thanks to @farnamstreet¬†for these great points that he posted on Twitter. It reminded me of a good conversation I had with a friend about the ‘right’ decision and a ‘good’ decision.

A good decision is the best decision you can make based on the evidence at hand at the moment you need to decide. If it will be the ‘right’ one – only time can tell. Btw,¬†it is good to remember that many decisions are reversible. With those types of decisions, you can use a light-weight process. You don‚Äôt have to live with the consequences for that long if you can change it (which is easy to say and hard to do). You should improve your skills to recognize quickly that a decision is wrong. When you become good at course correction, you will be able to ‘fail quickly’ and move forward fast. If you wish to get better and increase the odds to have good decisions that turn out on the right side, here is a list of rules to help with the process.

How to take a better decision?

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JavaScript, life

The Monty Hall Problem

The Monty Hall problem is a brain teaser loosely based on the American television game show “Let’s Make a Deal” and named after its original host, Monty Hall.

I wrote a little web app that show you what is the right choice with a simulator. It’s a bit hard to explain the correct solution as it’s going against ‘common’ sense. Continue reading

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life

Important Books That Are Delight To Read

books we love

There are around 130 million books around the world.

Let’s say that you can read 2 books a week. In a year, you will be able to read ~100 books and if you keep this pace for the next 80-90 years you have a chance to read ~9000 books which is only 0.007% from the total amount.

So a good question would be:

Which books would you choose to read?

I am collecting suggestions, so please feel free to share.

Btw, If you wish to understand why your kids are hooked on Fortnite? check¬†The Hunger Games, by Suzanne Collins. I’m still amazed how Epic game (the company the behind Fortnite) took so many great ideas from these books and baked them into the game.

Want a few more that I really enjoyed?

  • Wish to laugh?
    • Born a Crime, by Trevor Noah
    • Yes please!¬†by Amy Poehler
  • Think?
    • Outliers, by Malcolm Gladwell
    • Where Good Ideas Come from, by Steven Johnson
  • Learn about health and the cutting edge of our knowledge about cancer?
    • The Emperor of All Maladies and¬†The Gene: An Intimate History both¬†by Mukherjee Siddhartha
  • Learn (more) about great thinkers?
    • Einstein or¬†Leonardo da Vinci or¬†Steve Jobs, by Walter Isaacson
    • Shoe Dog: A Memoir by the Creator of Nike, by Phil Knight
    • Homo Deus: A Brief History of Tomorrow and¬†Sapiens: A Brief History of Humankind and 21 lessons for the 21st centery¬†by Yuval Noah Harari

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