Seeking Wisdom: From Darwin to Munger [Peter Bevelin] on * FREE* shipping on qualifying offers. Normal wear. May have some highlighting or. Simply the best book on improving your decision making there is. It’s dense and hard to get through if you’re not truly interested, but it’s well worth it. Seeking Wisdom – by Peter Bevelin. ISBN: Date read: How strongly I recommend it: 8/10 (See my list of + books, for more.).
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It’s like packing your own parachute. What do we want out of life? What is the moat? And the cost of doing nothing could be greater than the cost of taking an action. Part 2 ‘The psychology of misjudgements’ has been better covered by Charlie Munger and more comprehensively dealt with in Donelli’s ‘Art of Thinking Clearly’ http: So they make the decision based only on what they can count well.
Four laws of business: Part 1 ‘What influences our thinking’ traces modern man’s cognitive limitations and biases through the lens of evolution. The book is so rich that it should be included in the school curricula.
Consider the rich people who are often precisely wrong, and nonetheless came to their wealth through privilege or good fortune. For example, many animals, for foraging, start with a random search, and only change their behavior when they find a rewarding stimulus.
Social Proof “If 40 million people say a foolish thing, it does not become a wise one. What we fear and the strength of our reaction depends on our genes, life experiences, and the specific situation. Jan 20, Olivier Goetgeluck rated it it was amazing. People tend to put higher probability on desired events than on undesired events.
I am reading a pdf but I am going to order paperback. The brain can be developed the same way as the muscles can be developed He is a great benefactor of mankind wosdom contracts the great rules of life into short sentance that may be easily impressed on the memorary I forget what Eseking hear, I remember what i see and i know what i do If you can’t explain it simply, you don’t know it sefking The harder you work the more confidence bevelni get but you may be working hard on something that is false.
I’m in the process of reading this book now. The book is structured in four parts. An example of a really responsible system is the system that the Romans used when they built an arch. If Sapiens was about evolution of humanity and its society this book is about evolution of man, his brain, his biases, rationality and thinking models.
May 15, Sanford Chee rated it really liked it. Bias fr excellent framing of first how the mind works in wisfom of making decisions, then provides a thought-provoking list of “28 Reasons for Misjudgements and Mistakes” that I found very applicable to the work on organizations and systems. Recent studies suggest that the brain responds to novelty. Changing people affects their motivation, feelings of responsibility, and tendency to reciprocate.
Seeking Wisdom: From Darwin To Munger by Peter Bevelin
Studies suggest that the brain can change even during the course of a day. The truly wise person is colorblind.
If people label us as talented, we try to seeing talented whether or not it is true. Be warned, Peter Bevlin hasn’t paid for a proper editor. Any Condition Any Condition.
Seeking Wisdom From Darwin to Munger 3rd Edition Ship
Moreover, perhaps the biggest fallacy is the premise of the book itself—that a rich person must be right about everything, because he is rich. At its core this book focuses on why we make misjudgements and how we can avoid them by thinking better and more importantly rationally.
Then, I propose we postpone further discussion of this matter to give ourselves time to develop disagreement and perhaps gain some understanding of what the decision is all about. Dec 03, Marcus rated it it was ok Shelves: She has shown herself kindly; life, wwisdom you know how to use it, is long. A great collection of thinking biases that can help us avoid misjudgments. Reward people wiseom and not before performance.
See all 4 brand new listings. It does get a little technical and therefore difficult to co-relate with subject at times. These sorts of errors are completely disreputable, and have heightened my skepticism about the entire book.
Had to read repeatedly to make sense of some parts. Frequent near misses are like small reinforcements and make us want to try again and again. It is in the spirit of Charles Munger, who says, “All I want to know is where I’m going to die so I’ll never go there. Statistics rarely spark our emotions. By internalizing a range of mental models on how to think and behave, the theory is that you will make better decisions and stay out of trouble both in life and as an investor.
But a reward that feels controlling and makes us feel that we are only doing it because we’re paid to do it, decreases the appeal. You will find that only a handful have. Good consequences don’t necessarily mean we made a good decision, and bad consequences don’t necessarily mean we made a bad decision. If people expect something to go wrong with their health, it often does. How can we think clearly?