Shortform Books

Poor Charlie’s Almanack: The Lollapalooza Effect

The 25 Cognitive Biases: The Lollapalooza Effect

What is Charlie Munger’s lollapalooza effect? How do you know when this phenomenon is influencing your actions? The lollapalooza effect is triggered when more than one of the cognitive biases work together to influence your behavior. The cognitive biases reinforce each other, often leading to extreme consequences. You can recognize the phenomenon when you see extreme behaviors in individuals or a group. Read on to learn more about the impact of the lollapalooza effect.

Don’t Be a Jack of All Trades—Hire an Expert

Why should you hire an expert rather than trying to do everything yourself? In what three ways are you wasting time if you don’t hire an expert? Many business owners and managers struggle when it comes to giving up control—they strive to do everything on their own. However, rather than saving you time and money, doing everything yourself will often cost more money and waste your valuable time. Here is why you need to give up control and hire an expert.

What to Do If You Feel Like Giving Up on Your Dreams

What do successful people do when they feel like giving up? How can we re-inspire ourselves when pushing forward just feels like too much or worse—pointless? To achieve success, we must resist the urge to give up and our inclination towards losing faith. One way to keep pushing forward when you feel like giving up on your dreams is to amp up your levels of the neurotransmitter dopamine. Here is what to do when you feel like giving up.

Charlie Munger: The Reciprocation Tendency

The 25 Cognitive Biases: Reciprocation Tendency

What is the reciprocation tendency? How can reciprocity be harmful? The reciprocation tendency is the inclination of humans to reciprocate both favors and harm done to them. The reciprocation of favors enhances social cohesion and group cooperation, while the reciprocation of harm deters bad behavior in the future. Reciprocity can be harmful when the tendency is exploited by manipulators who use small concessions to demand big favors. Read on to learn more about the reciprocation tendency.

The Five Dysfunctions of a Team: Discussion Questions

Are you looking for The Five Dysfunctions of a Team discussion questions? What are some of the key themes and ideas to discuss? In The Five Dysfunctions of a Team, Patrick Lencioni explores how teams fail to work cohesively through the lens of the five-dysfunction model. Further, he gives advice on how to recognize and root out each dysfunction by working your way up the dysfunction pyramid. To help you evaluate your team on each of the five dysfunctions, we’ve put together some discussion questions.

Scaling Up: Rockefeller Habits for the 21st Century

How do Scaling Up and the Rockefeller Habits compare? How do they address 21st-century business realities? Author Verne Harnish presents the ideas in his book Scaling Up as a “2.0” version of the Rockefeller Habits—the business principles that guided the career of John D. Rockefeller. Both frameworks provide insights for successfully growing your business, with Scaling Up modernizing the Rockefeller Habits for our time. Read more to learn about Scaling Up and the Rockefeller Habits.

The Power of Your Subconscious Mind: Review

Is Joseph Murphy’s The Power of Your Subconscious Mind worth reading? Do you believe that you can influence your subconscious mind with conscious thought? In The Power of Your Subconscious Mind, Joseph Murphy argues that you need to align your conscious thoughts with a higher power and have faith that your life will dramatically improve. He supports his argument with anecdotes that demonstrate how people have applied their conscious thoughts to solve a variety of problems, create happiness, and improve their lives. Here is a quick review of The Power of Your Subconscious Mind by Joseph Murphy.

Skin in the Game: Quotes by Nassim Taleb

Are you looking for Skin in the Game quotes by Nassim Taleb? What are some of the most noteworthy passages worth revisiting? According to intellectual provocateur Nassim Nicholas Taleb, all human systems and endeavors fail because they lack “skin in the game”: something to lose if they don’t achieve their goals. We ignore this simple failsafe far too often, but, according to Taleb, it’s the single most important contributor to human progress. Below are some of his top Skin in the Game quotes with explanations.

How the Dominant Caste Maintains Its Superiority

How does the dominant caste in a hierarchical social system maintain its power over the “low-level” citizens? What methods do they use to ensure their continuing rule? In her book Caste, Isabel Wilkerson discusses how the dominating class in a caste system establishes and maintains its control over the lower classes. They do so in four ways: 1) dehumanization at the group level, 2) laws of heritage, 3) laws of love, and 4) purity of blood. Let’s explore each in detail.

The Importance of Continuous Learning to Life Success

What is the importance of continuous learning to success in life? What is the right way to learn? The ability of voracious readers to see the world differently and to constantly develop solutions to complex problems affirms the importance of continuous learning. To succeed in life, you need to spend each day trying to be smarter than when you woke up. The best way to learn is to figure things out yourself instead of being spoon-fed information that has been modified to suit the machinations of others. Read on to discover more about the importance of continuous learning.