Time horizons are the base of all of our decisions and regrets. We live in time and we tend to extrapolate whatever's happening right now, all the way into the future. I always think of a great quote from Fruist, which says, it is always thus impelled by a state of mind destined not to last. And that fits in here, I think, because we are temporal creatures. How would you help them to reorient their thinking to make better decisions?
Why is hard work a form of laziness? Why should we be wary of short-term success? How can imagining parallel worlds help us make better decisions? Author, management advisor, and researcher Luca Dellanna joins us to discuss these questions and more!
Important Links:
Show Notes:
-
Ergodicity: survival is king
-
Why sample size matters
-
The two types of competitors
-
Teaching by signaling
-
The parallel worlds approach to decision-making
-
Racing to the bottom
-
Why working hard can be a form of laziness
-
The three things managers should prioritize
-
Why desiring change isn’t enough
-
Fighting avoidance with actionable small steps
-
“Mixed values produce mixed results”
-
Thinking by writing
-
What Luca has learned from living in multiple countries
-
Luca as Emperor of the World
-
MORE!
Books Mentioned:
-
Antifragile: Things that Gain from Disorder; by Nassim Nicholas Taleb
-
What Works on Wall Street; by Jim O'Shaughnessy
-
Ergodicity: Definition, Examples, And Implications, As Simple As Possible; by Luca Dellanna
-
The Control Heuristic: The Nature of Human Behavior; by Luca Dellanna
-
100 Truths You Will Learn Too Late; by Luca Dellanna
- Tao Te Ching; by Lao Tzu