Let`s say in 2018, I was absolutely sure a candidate was going to win the election. I presented my arguments with great motivation, and a friend asked me if I would bet 500 reais on your expectations, so... I didn't want to risk my skin and he introduced me to the concept that a bet is a tax on nonsense. Well, it seems that the more I see the risk of losing something important, the less lazy my mind seems to be.
When I'm about to calmly cross the street and someone honks in my face, I become an ninja at that moment. If I walk calmly and stumble, I pretend I'm a professional runner even though I'm wearing a tie and suit; the fear of falling. Risk activates me. But does that work for the nonsense I tell myself?
It seems like a good first step, but how can I avoid becoming a compulsive gambler? How to assess the risks when betting on what expectations to invest in? What would be better than asking key questions?
You need to have beliefs to test how well-calibrated your beliefs are. Studying is one way to form new beliefs. You could avoid that effort by just testing your existing beliefs.
Let`s say in 2018, I was absolutely sure a candidate was going to win the election. I presented my arguments with great motivation, and a friend asked me if I would bet 500 reais on your expectations, so... I didn't want to risk my skin and he introduced me to the concept that a bet is a tax on nonsense.
Well, it seems that the more I see the risk of losing something important, the less lazy my mind seems to be.
When I'm about to calmly cross the street and someone honks in my face, I become an ninja at that moment. If I walk calmly and stumble, I pretend I'm a professional runner even though I'm wearing a tie and suit; the fear of falling. Risk activates me. But does that work for the nonsense I tell myself?
It seems like a good first step, but how can I avoid becoming a compulsive gambler? How to assess the risks when betting on what expectations to invest in? What would be better than asking key questions?