Confirmation Bias

Motivated Reasoning is a Cognitive bias - we tend to accept/believe more easily and with less scrutiny things we think are correct. If we encounter an idea that we think is wrong, we subject it to more scrutiny - it has a higher bar to

Before we store an event in our memory, it goes thru many filters. So the final memory is very different from the actual event. The filters are... Delete Distort Generalize Personalizations Before it reaches our memory storage.

Context: This is notes made from the book 'How to Take Smart Notes' by S Ahrens - Website of the Book Of all the writing, most people focus only on the writing the lengthy pieces, a book or article. The proc

Expected Value: Theoretical net positive or negative of a given event over time. Volatility > Luck: How much variation there is around the expected value Risk Management: How much should should be invested in an event proportional to the

We have to embrace uncertainty. We have been taught that "I don't know" as a bad state of mind. But in most case it is an accurate model of the world. The more accurate our maps are, the better our decision mak

Beliefs are bets on the future. If we think of our belief/decision as bets, we would be more open to challenge/change it, rather than be tied to it. Good way to challenge a belief is to ask "How much will you bet on that?" If we have a

Uncertainty comes from... Hidden Information Chance Our brain tend to make these mistakes... More prone to make false positive errors. We tend to see patterns everywhere - even if its not there. We work as tribes - we tend

Ethical selling framework for purpose driven entrepreneurs Framework is based on... Empathy Integrity Ethics Listen > Explain > Ask = Profit Solves these problems... Not making enough money Conversion rate is not good eno

We tend to put a higher burden of proof for theories that we don't like / agree with / don't want to believe. For eg., if we are researching a theory that we agree with, we conclude the search when we encounter one study that agrees with