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To Eliminate Undesirable Behavior, You Have to Eliminate The Stimuli That Precedes It Summary: Self-control problems require structuring life to avoid stimuli that tempt bad behavior, similar to avoiding walking past a tavern if you're an alcoholic. Investors can improve mental hygiene by unfollowing negative sources and following those with a long-term perspective to reduce hyper reactivity to market fluctuations. Changing exposure helps in turning down the amplitude of emotions. Transcript: Speaker 1 But if you 're an alcoholic, you would be crazy to walk past the tavern and say, i will demonstrate the will power not to walk in. You can't do that, and you know you can't, so you walk on the other street. And that's the kind of governor that people need to put on their behavior. If you know that you have self control problems, you have to structure your life so that the things that tempt you into bad behavior don't get surfaced in your stimuli. And that's very easy for investors to do. If you, if you know you have a tendency toward hyper reactivity to, you know, red arrows pointing downward on stock market displays, then turn that web site off, un follow that person On twitter. Follow people who take a longer term perspective and aren't rattled by this kind of thing. Improve your mental hygiene. You can't turn yourself into someone who's unemotional, but you can turn down the amplitude of your own emotions if you change what your exposures are.

#4 Jason Zweig — Elevate Your Financial IQ

The Knowledge Project with Shane Parrish

The Problem of Scale Clash in Human Collaboration Summary: The problem goes beyond ideal scale of humanity. Different things we want involve different scales. Science works on a huge scale for problems like climate change while other things work on medium or small scales. There is a clash of different scales and no optimal scale. The big scales tend to win and squash out the small scales. However, over long time scales, these complex systems tend to implode. It's about a dynamic balance where different forces coexist. How do we handle this in light of global coordination, bioregional organization, and personal relationships at the neighborhood level? Transcript: Speaker 2 I think the problem is even worse than what you're describing I'm going to try to pessimize what you said I mean when you ask me a question like have we gone past the ideal scale of humanity That implies that there is an ideal scale that we could plausibly hit if we could somehow convince people to scale back. For me the real worry is there's no ideal scale of humanity because different things we want to be involved in demand different scales science works really big good on a huge scale solving Problems like climate change our massive scale problems that everyone has to get together on and then there are other things that work at medium or small scales and there's just this Unsolvable scale clash my real worry is that different parts of us and our needs call us to different scales and there is not an optimal scale and so I have to participate in these different Scales or in tension with each other and also the big scales tend to win because they get really powerful and so they squash out the small scales. Speaker 3 Over short time scales though right because over long time scales those like you know this is the Bob May will a complex system large complex system be stable question it's like at some Point those things tend to implode so it's not about like an equilibrium so much as it is about a a dynamic balance or a zone at which these different forces are able to coexist how do you Deal with all of this in light of both the need for global coordination and bioregional organization and neighborhood level personal relationships etc.

Paul Smaldino & C. Thi Nguyen on Problems With Value Metrics & Governance at Scale

COMPLEXITY: Physics of Life

Create a User Manual of Yourself for Others Summary: Creating a user manual for yourself, including strengths, weaknesses, triggers, blind spots, and insights for working effectively with you, enables others to understand and collaborate with you more easily. By soliciting feedback from colleagues and using their input to enhance self-awareness, you can provide new team members with valuable insights about working with you, facilitating quicker and more effective collaboration. Transcript: Speaker 1 He said, you know, when i buy a new car, it comes with an owner's manual, so i know how to operate it. But when i work with a new person, whose way more complex than a car, i don't get anything. And so i'm kind of starting from square one, when fact, they have all these experiences that could teach me something from their past about how to work with them better in the present And the future. And so what he did, same as orschol nick, he sat down and he wrote up one pager on how to work with him effectively. What are his strength what are his weaknesses, what are the triggers that bring out the worst in him? What are the the moments that bring out in the best in him? And then he didn't stop therehe asked his team to write their user manual for him, so that he could gauge his own self awareness. And of course, he found the team's os is much more ecihtful and accurate than his own, because of the blind spot factor in part. But now every new person who works with him gets that one pager and gets to immediately start as if they'd known him for a month or two, and say, ok, you know, here are the things i might want To adapt if i want to be really affective with this nager. And so i've gone, i've gone and done that. I asked a bunch of people who worke with me to write my user manual. Andit is very simple. The questions are, what are my strengths? What brings those out? What are my weaknesses? What brings those out? What are my blind spots? And what do you know now about working with me that you wish you had known when we first started working?

#399 — Adam Grant — The Man Who Does Everything

The Tim Ferriss Show

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