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A Self-Made Billionaire Uses This Easy Trick for Decisions

time.com

41–48 of 48 posts

Re: A Self-Made Billionaire Uses This Easy Trick for Decisions

#41
post #6

Interestingly this really is a click bait title, rather than the usual one that we misidentify identify as such as "Ten Ways a Programming Language is like a Religion." This time.com title encourages you to click it with the bait of finding out who the billionaire is, the implication that they became self-made because of this easy trick and not stating the trick. Thus it is bait to lure a user in. The misdiagnosed ve…

Click bait is about the click, not the content.

Which is why I don't click in the first place. Professional writers know exactly when their title looks like cheap crap. If they use it anyway, I'm just not their audience. If the content were legit they would have better ways of wrapping it.

Re: A Self-Made Billionaire Uses This Easy Trick for Decisions

#42
post #9

A chap I know uses a 'trick' to help him make decisions - he doesn't make them unless they're important. In a restaurant he'll just tell the waiter to bring him something good. In a bar he'll go for whatever is closest. And so on. The theory, called ego depletion[1], says that you have a limited amount of energy for making decisions and once you use it up you'll find it much harder to make good choices. My friend sol…

People with the least power tend to desire assertion of control of minutia and others (probably a sizable portion of LEOs). By contrast, people with more power delegate and are fine to live with the decision of others because it doesn't matter. It's like the guy that won't pull over and ask for directions, or the small coffee shop that has a key to use a restroom (permission-based, control-freak culture, e.g., dog people) instead of an internal lock (delegation, freedom, e.g., cat people).

Wasted energy is the absence of strategic laziness.

Re: A Self-Made Billionaire Uses This Easy Trick for Decisions

#43

Earlier quoted context omitted.

If you're allergic to something and you tell a waiter to just bring you anything I think you have about 100% of the responsibility all by your lonesome and if you sue the restaurant from that situation I sincerely hope that you not only lose but will be forced to cough up the legal fees for the defending party.

I'd like to think you are correct, but (at least here in the United States) I can see the lawsuits piling up. People here sue over spilled coffee, it's not out of the realm of possibility.

The woman suffered third-degree burns _to where bone was exposed_ on her groin and legs from coffee served at a negligently high temperature:

https://en.wikipedia.org/wiki/Liebeck_v._McDonald%27s_Restau...

This wasn't some get rich quick scheme or frivolity. The settlement money paid for a live-in nurse for the rest of her life.

Re: A Self-Made Billionaire Uses This Easy Trick for Decisions

#45
post #9

A chap I know uses a 'trick' to help him make decisions - he doesn't make them unless they're important. In a restaurant he'll just tell the waiter to bring him something good. In a bar he'll go for whatever is closest. And so on. The theory, called ego depletion[1], says that you have a limited amount of energy for making decisions and once you use it up you'll find it much harder to make good choices. My friend sol…

If ordering "something good" is too bold for anyone's taste, try this: Look at the menu, but as soon as you see something good stop reading and order that. Then sip on your water while everyone else at your table re-reads the menu five times...

Re: A Self-Made Billionaire Uses This Easy Trick for Decisions

#46
So HN now contains click-bait links that are not sarcastically click-baity titled, but are actual trash links without substance? Who upvotes this? Can we make a system where a mod would honey-pot users who upvote titles like this, black list them and make their upvotes not count?

Re: A Self-Made Billionaire Uses This Easy Trick for Decisions

#48
post #9

A chap I know uses a 'trick' to help him make decisions - he doesn't make them unless they're important. In a restaurant he'll just tell the waiter to bring him something good. In a bar he'll go for whatever is closest. And so on. The theory, called ego depletion[1], says that you have a limited amount of energy for making decisions and once you use it up you'll find it much harder to make good choices. My friend sol…

Excellent Aeon article on randomness in decisionmaking:

http://aeon.co/magazine/philosophy/is-the-most-rational-choi...

When your reasons are worse than useless, sometimes the most rational choice is a random stab in the dark

As moderns, we take it for granted that the best decisions stem from a process of empirical analysis and informed choice, with a clear goal in mind. That kind of decision-making, at least in theory, undergirds the ways that we choose political leaders, play the stock market, and select candidates for schools and jobs. It also shapes the way in which we critique the rituals and superstitions of others. But, as the Kantu’ illustrate, there are plenty of situations when random chance really is your best option. And those situations might be far more prevalent in our modern lives than we generally admit.

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