Thoughts

1. Anchoring Bias We humans usually completely rely on the first piece of information that we receive, no matter how reliable it is. When making decisions, this…

Since the end of World War II, the United States dollar was backed by gold under a system called Bretton Woods. Any country holding dollars could exchange…

There is a moment in life that many people secretly fear: when the house becomes completely quiet, with no voices or footsteps. While many mistake this silence…

Most people think owning a bank means buying a building, hiring tellers, and installing a vault. While that’s roughly true, the reality of the banking business begins…

The Trap of Egocentric Bias When couples are asked to estimate how much of the housework they do, the combined total is almost always over 100%. The…

You are under no obligation to pay more tax than you are legally required to. There are various loopholes available to everyone, but most people never bother…

Imagine you were born in 1900. The economic forces that shaped your life weren’t your personal decisions; they were electrification, mass manufacturing, automobiles, and global trade. Today,…

Have you ever talked to a girl and walked away wondering if she was actually into you or if you were just imagining things? Perhaps she laughed…

Modern dating is insufferable for many. In a world overflowing with options, finding love has never been more frustrating or more confusing. In the past, things were…

Strategic thinking completely transforms how you make decisions. Most people spend their days solving problems as they come up—that is tactical thinking. Tactical thinking keeps you stuck…