Join Notes
A batch of the best highlights from what Tristan's read, .
Zajonc (1980) argues persuasively that automatic, emotional reactions have an orienting effect that provides directional support for subsequent information processing and judgment.
The Behavioral Investor
Daniel Crosby
He means that rather than relying on our own direct experiences, we make sense of reality through classification schemes, using layers of abstract concepts to understand how pieces of information relate to one another. We have grown up in a world of classification schemes totally foreign to the remote villagers; we classify some animals as mammals, and inside of that class make more detailed connections based on the similarity of their physiology and DNA.
It often takes great courage to not let rumors and talk of doom and gloom affect your doubts and fears. But a savvy investor knows that the seemingly worst of times is actually the best of times to make money. When everyone else is too afraid to act, they pull the trigger and are rewarded.
Rich Dad Poor Dad
Robert T. Kiyosaki
...catch up on these, and many more highlights
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