TIP 098 : The Power of Habit by Charles Duhigg (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
Strategic Decision-Making and Consistency
The chapter emphasizes the importance of sticking to a strategic system consistently, drawing parallels between sports teams and stock investing. It discusses the value of having a checklist to identify and rectify bad decisions in various aspects of life.
IN THIS EPISODE, YOU’LL LEARN:
- The three things that drive habit loops.
- How your mind starts anticipating certain behaviors before it even occurs.
- How powerful your habits can become in controlling your everyday life.
- What keystone habits are.
- The Story of Michael Phelps.
- Question from the audience: Value Investing Versus Index Funds.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Feel free to read our free executive summary of the book, The Power of Habit.
- Charles Duhigg’s book, The Power of Habit – Read Reviews of this Book.
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