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.

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 Power of Your Subconscious Mind: Review

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.

The Milgram Study and the Dangers of Blind Obedience

The Milgram Study and the Dangers of Blind Obedience

What is the focus of the Milgram study? Why is the experiment so important? The Milgram study was carried out by Yale University psychologist Stanley Milgram to explore the tendency of people to obey orders from authority figures even when they contradict their personal values. The experiment is important because it helps us understand why seemingly decent people will blindly follow flawed leaders to do bad things. Read on to learn more about the discoveries of the Milgram study.

Instant Gratification: The Psychology of Self-Sabotage

Instant Gratification: The Psychology of Self-Sabotage

Why are humans wired to prioritize instant gratification? How does instant gratification lead us astray from our goals? Human nature is embedded in an “immediate-return environment” inherited from early humans and the animal kingdom, where survival and goals were daily concerns. These days, however, instant gratification works against us, not for us. In this article, we’ll explore the psychology of instant gratification, why it’s so hard to resist, and how it leads us astray from achieving success.

Cognitive Inertia: The Status Quo Bias

The 25 Cognitive Biases: Cognitive Inertia

What is cognitive inertia? How do you overcome status quo bias? Cognitive inertia is the tendency to resist change and ignore new information that contradicts prevailing beliefs. You can overcome inertia by considering counterarguments to your position and forcing yourself to act in ways that contradict your stale beliefs. Read on to learn more about cognitive inertia.

The Power of Your Subconscious Mind: Book Overview

The Power of Your Subconscious Mind: Book Overview

What is The Power of Your Subconscious Mind by Joseph Murphy about? What is the key message you can take away from the book? In his book The Power of Your Subconscious Mind, Joseph Murphy claims that all of your life experiences are the result of the interaction between your conscious and subconscious minds—your subconscious mind creates your life experiences according to your habitual conscious thoughts and ingrained beliefs. Murphy argues that you can use your conscious mind to imprint positive thoughts upon your subconscious mind. Below is a brief overview of the key takeaways.

How to Build a Latticework of Mental Models

How to Build a Latticework of Mental Models

Why should you build a latticework of mental models? Can mental models help you deal with your cognitive biases? Building a latticework of mental models will help you become a versatile problem solver. You will use multidisciplinary learning to combine ideas across different disciplines to find solutions. Mental models will also help you recognize the psychological biases that could influence you, leading to better decision-making. Read on to discover how to build your own latticework of mental models.

Maxwell Maltz: What Is Psycho-Cybernetics?

Maxwell Maltz: What Is Psycho-Cybernetics?

What is Psycho-Cybernetics? How did Maxwell Maltz develop his Psycho-Cybernetic theory of goal-oriented behavior? Psycho-Cybernetics utilizes a mechanical perspective of your brain’s inner workings to explain goal-oriented behavior. Maltz’s research into the process the mind goes through to achieve goals led him to the work of Dr. John von Neumann, who explored the parallels between computers and the human mind. Neumann’s concepts led Maltz to develop an interest in cybernetic theory—a branch of science that studies the goal-oriented behavior of mechanical systems.  In this article, we’ll explore the concept of Psycho-Cybernetics and illustrate how your mind works like a machine

Erin Meyer: What Is Affective Trust?

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What is affective trust? How do people from personal cultures approach professional relationships? Affective trust is trust that develops based on how you feel about the other person. Affective trust is the trust that people of all cultures feel towards their family and friends. But in personal cultures, it’s also the cornerstone of professional relationships. In this article, we’ll look at how members of personal cultures build trust and present some tips you can use to build trust in a personal culture.