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20. Hyperbolic Discounting:
Just as objects far away seem smaller, so do things far into our future. As a result, we are inclined to choose immediate rewards over future ones, even when these immediate rewards are much smaller. To overcome this bias, use @naval’s Compass:
My Friends, a New MEGATH...
@G_S_Bhogal on Twitter
1. Almost everybody sucks at money. This includes the middle class, the poor, the financial advisors, most of our stock market traders, gurus, and those we consider rich people.
2. Getting rich enough to retire takes only 10 years of proper planned hard and smart work.
1. Almost Everybody Suck...
@theBuoyantMan on Twitter
The true cost of a bad decision is its cascading effect. Every bad decision will force you into a situation where you have to make other bad decisions.
Tweets From Evan LaPointe
@evanlapointe on Twitter
...catch up on these, and many more highlights
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