Category Archives: Rationality

Save Money By Being Predictable

A lot of people I know either revel in their spontaneity, or wish they could be more spontaneous.  But, people only value spontaneity in tiny amounts.  If you’re spontaneous 24 hours a day, you’re completely unpredictable.  Best case scenario, you … Continue reading

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You’ll Never Be Rich

How much money does it take to feel rich?  Throw out a number. Ten million dollars?  Fifty million dollars?  One Hundred million dollars? Interestingly, when you ask people that have actually made that much money, the average answer seems to … Continue reading

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That’s Not Fair

What revolves around the Earth? “Henri looked down in concentration as the answer choices were read aloud: (A) The moon, (B) The sun, (C) Mars, (D) Venus.  Henri reread the question out loud and mulled the choices over in his … Continue reading

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Books Are Souvenirs

People used to read books for two reasons: to gain some knowledge or to be entertained.  For a few hundred years, bound books were about the only good way to store a large amount of information.  People still had voices, … Continue reading

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We Are All Followers

Obesity is spreading like a disease.  If a person becomes obese, the likelihood that his friend would also become obese increased by 57 percent.  If a person’s sibling became obese, the chance of another sibling becoming obese increased by 40%.  … Continue reading

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Why Their Offer Sucks and You’re Always Right

Following yesterday’s post, I thought I’d share a bit more about irrational behavior.  The following attributes won’t help as much at the tables in Vegas, but they can save, or make, you more money in a lot of other situations.  … Continue reading

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How To Lose Your Shirt In Vegas

I like to gamble.  Actually, that’s a lie.  I love to gamble.  Poker and craps, mostly, but if I’m bored enough, I will literally gamble on anything.  I’m fortunate in that I’ve developed a bit of skill at the games … Continue reading

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Keep Your Mouth Shut

Number one piece of advice if you’re ever questioned by the police about a crime: keep your mouth shut until your lawyer gets there. Interrogation techniques are so psychologically effective, people confess all the time.  Even when they didn’t do … Continue reading

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Investing For Dummies

I recently wrote the following as a response to one of Sebastian Marshall’s posts about investing, in which he breaks down what he’s learning about the financial game, the reasons people shouldn’t try to pick their own stocks, and how … Continue reading

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Change Is Good

I know a lot of people who not only fear change, but hate it.  I had never really understood why.  To me, change is always good.  I’ve never gone through a change and said “I wish that never happened.”  Even … Continue reading

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If You’re Going to Jail, Get There Early

Lo and behold, judges aren’t always rational.  It turns out that judges hearing parole requests start out the day granting about 65% of them.  These numbers dwindle down to about 0% right before a judges break, then pop back up … Continue reading

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You Can Screw People, As Long As They Have A Say

“That’s not fair!” If you have kids, or friends with kids, you probably hear this a lot.  Fairness is a wildly subjective standard, and as such, it usually doesn’t really mean anything.  The only problem is, people’s subjective opinions about … Continue reading

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Strip-Club-Bathroom Psychology

You ever walk into the bathroom at a nice restaurant, or, so I’ve been told, at a strip club, and been startled when you’re greeted by an older gentleman in an ill-fitting tuxedo with a tray full of hair product, … Continue reading

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