I recently wrote about how thinking in terms of opportunity cost can help you use your time effectively. Now, I’d like to follow up on that by discussing another concept called sunk cost trap. Along with opportunity cost, this concept…
How do you make decisions in uncertain times? Given the higher risks of such times, you should know how to make good decisions. It can help you navigate your situation with confidence. Fortunately, there is a good principle that you…
I recently read an article on Yuval Harari – the author of Sapiens – in The New Yorker. I enjoyed reading Sapiens so I was curious to learn more about the author. As it turns out, there is a habit…
I love to read books from different fields to get new perspectives. The most recent book that I have read is Factfulness by Hans Rosling. The book teaches us how to think clearly about the world. It says that there…
To live a full life, you need something that’s rarely mentioned: you need solitude. Here is a definition of solitude from the book Digital Minimalism by Cal Newport. Time alone with your own thoughts and free from input from other…
We are living in a world where more and more things can be outsourced or even automated. Lifetime employment is no longer a given. You need to keep upgrading yourself to stay relevant.
I recently read the book summary of Big Mistakes by Michael Batnick. The book has an interesting subtitle: The Best Investors and Their Worst Investments. Interesting combination, isn’t it? It contains story after story of how very smart people made…
We are now only a couple weeks away from the new year. That doesn’t mean that you can’t get anything done during this time, though. Even during the holiday season, you can still make the most of your time. Let’s…
The way you make decisions is essential. After all, your life is just the result of your decisions. So how do you make the right decisions in life? I found something interesting in the book summary of Reinvent Yourself. It…
If you want to reach your full potential, you need to level up your life. You need to take your life to the next level. And you need to do that constantly. I know this is easier said than done,…
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