Focus on internal motivation and gratitude for success, Avoid comparing achievements to others to maintain happiness
Deep dives
Managing Wealth with Vanguard
Partnering with a financial adviser can help individuals effectively manage their wealth. Vanguard emphasizes personalized advice to improve investment outcomes for clients, prioritizing their interests.
The Weight of Silver Medals
Silver medalists at the Olympics often experience mixed emotions, influenced by the cognitive bias of comparing to the gold medal. Research reveals that silver medalists tend to feel more negative emotions and dissatisfaction due to narrowly missing out on the gold.
The Impact of Reference Points on Happiness
Our happiness is affected by the reference points we choose, such as comparing wealth, social status, or achievements to those around us. Being overly focused on higher reference points can lead to feelings of inadequacy and envy, impacting our well-being.
Michel Quan's Approach to Success
Michel Quan's success in figure skating was driven by her internal motivation, positive outlook, and ability to focus on her journey rather than the end result. By reframing setbacks and focusing on gratitude, Michel maintained a graceful and content attitude amid fierce competition.
Ice skater Michelle Kwan was all set to win Olympic Gold... but in a major sporting upset she came second. Sharing her story with Dr Laurie Santos, Michelle lets us in on a key secret to achieving happiness when you're tempted to feel like a loser.
For an even deeper dive into the research we talk about in the show visit happinesslab.fm