21 Feb The Weekend Starts Here...
Photo: view from my (home) office window this week
Firstly, huge apologies for the lack of a post last week. I was unexpectedly laid low for a few days.
This little test landed in my inbox this week and I thought I’d check it out. I found it quite useful and thought it would be an excellent exercise to get everyone to do if you work in a small team. I’ll certainly be incorporating this into our next Team Day. It’s all about how we like to be communicated with when someone makes an error (which let’s face it, we all do). Communication is what the listener does.
Don’t be put off where it says it takes 10 to 15 minutes, it only took me about five.
Babies Are Not Born Adults. [2 min read]
An astronaut’s guide to useful mental models [Shane Parrish 3 min read]
“When it comes to producing reasons for doing or not doing things related to our own money, humans can be astonishingly creative. Here are just a few that we have encountered over the years…” Reasons Not to Act [Robert Lockie 4 min read]
This is fun. Bob’s been posting one a day since Tuesday. Top Ten Behavioral Biases, Illustrated (mostly via popular culture). Check them all out. [Bob Seawright 6 min read on average]
This next one was written for an audience of financial planners, but I thought you might find it interesting as it raises an important ethical issue. Should an adviser want to keep an association with a client that refuses to listen to them? [Robin Powell 3 min read]
The Biggest Problem in Finance? [Ben Carlson3 min read]
If you have any young adults in your life, you might want to pass this one on. [2 min read]
Why Avoiding Bad Decisions is More Important Than Making Great Decisions [Nick Maggiulli 4 min read]
A few suggestions on how to help your kids get on the property ladder [Charles Wood 4 min read]
Filing this one under ‘Things I had no clue about’ (it’s a long list 😉), this one just seems downright weird to me. Today I Learned That Not Everyone Has An Internal Monologue And It Has Ruined My Day. [2 min read]
I read a lot about the past. The more I do so, the more I’ve come to realise that the only historical accounts we can truly expect to be unaffected by hindsight bias are those which were written while the events were unfolding.
And in a similar vein, “The problem when studying historical events is that you know how the story ends, and it’s impossible to un-remember what you know today when thinking about the past. It’s hard to imagine alternative paths of history when the actual path is already known. So things always look more inevitable than they were.” [Morgan Housel 8 min read]
A 1929 Interview with a 103-Year-Old Man [2.07 video]
And finally. This is just incredible. Amazing Senegalese Sand Painting [1.12 video]
I hope you have a great weekend. I am off to Austin, Texas bright and early tomorrow morning . For the third time in a row, Bloomsbury has been awarded ‘Global Top 50’ status by Raymond James, and I am off to their conference to meet the other 49 firms. Rob has been the previous two times and tells me I can expect a very high calibre of speaker.