Join 📚 Fabien's Highlights
A batch of the best highlights from what Fabien's read, .
12. Rally 'Round The Flag Syndrome:
During times of crisis, approval ratings of political leaders go up as people unify against the threat. This incentivizes unpopular leaders to exaggerate, fabricate, or even initiate crises (e.g. by starting wars).
Everyone, a New MEGATHRE...
@G_S_Bhogal on Twitter
21. Generation Effect:
The best way to understand a topic is not to read about it, but write about it. The act of explaining something helps one to connect the dots and commit them to memory far better than the passive act of reading. (One reason I make these megathreads!)
My Friends, a New MEGATH...
@G_S_Bhogal on Twitter
PROSPECT THEORY
We hate losing money about twice as much as we like gaining it. Losing $10 upsets us roughly as much as gaining $20 pleases us. This bias favoring loss aversion over potential gain is the basis for much of our decision-making.
New Megathread Just Drop...
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