Life guarantees: 1. A perpetually moving goalpost Median family income adjusted for inflation was $29,000 in 1955. In 1965 it was $42,000. Today it’s just over $62,000. There’s widespread belief that the 1950s and ‘60s were peak time for middle...
Annie Duke"when you watch other people live a better life, your benchmark for normal and acceptable rises. The goalposts moves."
Death, Taxes, and a Few Other Things from @morganhousel
Annie Duke“We are all faced with a finite time in this planet...And we have a bunch of decisions...and that’s all there is. There’s no balance.”
Nihilism + decision making.
This podcast is awesome!
On work/life balance with @allstarcharts + @ppearlman
Actively open-minded thinking (AOT) is measured by questionnaire items that tap the willingness to consider alternative opinions, the sensitivity to e…
Annie Duke“We believe this lesson in item construction resulted from the lack of intellectual diversity in our own laboratory”
Cautionary tale: Expert in open-mindedness finds work suffered from lack of viewpoint diversity.
From Stanovich and Topak
Lethal partisanship is taking us into dangerous territory.
Annie Duke“”Do you ever think: ‘we’d be better off as a country if large numbers of the opposing party in the public today just died’?””
20% of Ds and 16% of Rs say yes.
That seems worse than not wanting your kid to marry a D or R.
Suppose I asked you to generate a random sequence of ones and zeroes. Every time you add another 1 or 0 to the sequence, I am going to predict your next choice. Do you think you can make your sequence random enough that I fail to guess more than...
Rarely true. “Everyone loves it.” “No one wants to be my friend…” More effective and accurate to replace these words with, “someone.”
Annie Duke“Rarely true.
“Everyone loves it.”
“No one wants to be my friend…”
More effective and accurate to replace these words with, “someone.””
“Everyone and no one” from @ThisIsSethsBlog
Source: Tom Gauld On our best days, when wearing the right sort of spectacles, squinting and tilting our heads just so, we can be observant, efficient, loyal, focused, assertive truth-tellers. Howe…
Annie Duke“...when we see information that confirms what we already think or believe, we ask ourselves if the information might be true. But if the information is disconfirming…we consider whether it must be true...” -
Via the always brilliant @RPSeawright
What makes you happy? Your income? The place where you live? The things you own? Your family? Your social status? The places you’ve been? Happiness is derived from a complex cocktail of elements and how we perceive ourselves in relationship to...
This article explores the effect of ideological polarization on team performance. By analysing millions of edits to Wikipedia, the authors reveal that politically diverse editor teams produce higher-quality articles than homogeneous or moderate...
Annie DukeNew study finds “a balanced set of ideologically diverse editors produce articles of a higher quality than homogeneous teams” on Wikipedia.
Let's Democratize Quant...TogetherDemocratize Quant is a joint effort between Alpha Architect and Villanova University that seeks to turn academic insights into investment performance.The mission of Democratize Quant is to help a select group of...