Depending on the point in time a reward is received, humans value them differently. Humans are impatient by nature in the short-run. Humans become more patient over the long-run. Hyperbolic discounting makes for inconsistent decision-making. Hyperbolic discounting can affect your personal an...
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Consequences of the consequences. Increase your chances of success. Expect the unexpected. Avoid major pitfalls. First order thinking is superficial and relies on immediate gratification with quick results. Second order thinking is more complex, taking into account the endless ripple effects of...
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What Are First Principles? Independent Logic. Something that stands on its own. Constantly questioning why. First principle thinking has been used by the greatest creative minds to come up with inventions and solutions. It’s what inventors and scientists use to come up with ideas t...
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Socrates was a Greek philosopher who lived from 470-399BC. He never published his views so everything we know about him is from three primary sources: Aristophanes, Xenophon, and Plato. In his book, Theaetetus, Plato describes how Socrates would use disciplined questioning to assist his disciples to...
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