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Behavioral Finance Bias Illustrated – Optimism Bias
Continue reading →The post Behavioral Finance Bias Illustrated – Optimism Bias appeared first on IncBlot Behavioral Finance.
View ArticleBehavioral Finance Bias Illustrated – Overconfidence
The post Behavioral Finance Bias Illustrated – Overconfidence appeared first on IncBlot Behavioral Finance.
View ArticleHow To Give Feedback
I am commonly called upon to speak to teams of executives about what it takes to deliver effective feedback to their peers and subordinates. This is a topic of much consternation among businesspeople...
View ArticleThe Myth of Self-Esteem
Ever since the 1969 publication of The Psychology of Self-Esteem , wherein Nathaniel Branden posited that self-esteem was the single most important facet of personal well being, the self-esteem...
View ArticleMoney and Happiness
It’s no secret that money is a stand-in for happiness given that is so much easier to quantify than the more elusive idea of personal wellbeing. There are many ways we delude ourselves about the...
View ArticleBernie Madoff and the Ethics of Giftedness
One of the thoughts behind the self-esteem movement was that if you imbued people with a positive vision of themself, they would be less likely to engage in anti-social behavior. Once again, the...
View Article3 Ways You Can Be Better Starting Today
As we’ve seen in our last two posts, we have prayed to the false god of specialness and have been “rewarded” with unethical, antisocial, and unfulfilling behavior. Greatness can and should be sought...
View ArticlePain Is What You Make Of It
Aristotle’s famously said, “Learning is not child’s play; we cannot learn without pain.” Let me begin with a caveat about suffering; I have not and do not wish to glorify suffering for its own sake....
View ArticleOvercoming Overconfidence
This blog exists in part to encourage people to question their deeply held assumptions. Rene Descartes, considered by many to be the father of modern philosophy, did something similar when he sought to...
View ArticleWhat is Affect Heuristic?
One of the reasons psychologists can charge $200 per hour to ask, “how does that make you feel?” is because we have become great at putting fancy-pants labels on things that would otherwise be very...
View ArticleWhere Do Good Ideas Come From?
We tend to think of idea creation as sterile, asexual, and hard to manage. We assume that great ideas spring forth, fully formed into the minds of geniuses who bear little resemblance to you or me....
View Article3 Ways to Have Better Ideas
I’ve got some good news and some bad news. Bad news first you say? Okay. So, all of the research points to the fact that your ideas aren’t all that original. Instead, they are an amalgamation of a...
View ArticleHow to Plan Your Day
“It may be observed in general,” the 18th century essayist Samuel Johnson once declared, “that the future is purchased by the present.” This echoes a piece of advice that Confucius captured with his...
View ArticleTips for Managing Information
If knowledge is power, then information serves as the stations that relay it. The problem is that we regularly find ourselves in the predicament of having more information than we know what to do...
View ArticleTips for Managing Your Physical Environment
The Neuroscience Institute at Princeton University have made a rather interesting discovery this past year, which is reported in full in the Journal of Neuroscience. Their findings in brief: top-down...
View Article3 Tips for Effective Delegation
Our survey of recommendations and pointers concerning time management would not be complete if we did not cast our glance in one final direction—toward delegation. Perhaps I’m alone in this, but...
View ArticleConfirmation Bias and the Importance of Asking, “Why Might I Be Wrong?”
Gentle reader, Although we’ve not likely had the opportunity to meet yet, I feel as though I know you. In fact, I feel like I know you well enough to make some suppositions about your personality...
View ArticleYour Career and Happiness
The early study of psychology was a pretty bleak affair. True to its desire to be a medical profession (and thus, taken seriously) psychology began by studying pathology. From these days we get many of...
View ArticleLearning to Love a Job You Hate
The downturn of the last few years has left a number of scars on the psyche of the American worker. The Great Recession toppled a number of business giants; and while some were deemed “too big to fail”...
View ArticleWhat is Behavioral Finance?
I travel a great deal for work, and as such, commonly find myself on planes making small-talk with strangers. Their opening gambit is typically something like, “So, what do you do?” to which I reply,...
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