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  • David Bloomfield

#6 Sharing some things that I've Read, Heard & Seen

What I’ve read

Think Twice: Harnessing the Power of Counterintuition a book by Michael J. Mauboussin about spotting dangerous decision traps-and making smarter choices in your professional and personal life…

Description: No one intentionally makes bad decisions. Yet we make them all the time. In fact, some of the worst disasters in recent history-the collapse of major investment banks, the global financial meltdown-were the result of seemingly reasonable decisions made by a lot of smart people. How does this happen?

Michael J. Mauboussin argues that the correct process for deciding well-especially when the stakes are high-conflicts with how our minds naturally work. When faced with complex situations, our brains revert to simplified patterns that obscure better approaches to the problem. Even when we think we're applying logic and reason, we're subconsciously succumbing to social or situational influences. Fortunately, we can override our mind's default systems-that is, we can counter our intuition-by learning to "think twice."

In this compelling book, Mauboussin outlines a disciplined approach to decision making that will significantly reduce costly mistakes. It involves preparing to encounter common mental traps, recognizing these mistakes in context, and applying the right mental tools to shape better decisions. With practice, you'll begin to catch poor decision making-both yours and others' -as it unfolds in front of you.

What I’ve heard

The Tim Ferriss podcast with Bozoma Saint John. A really interesting journey from personal tragedy into being named as one of the 100 most creative people by the fast company and Billboards executive of the year, She is the chief brand officer at Uber and prior to that she was a marketing executive at Apple Music having joined through beats music.

A stand out comment / Quote - "Never over analyse a situation all you’ll do is talk yourself out of a good idea or talk yourself into a bad idea"

What I’ve seen

Frans de Waal TED talk on the moral behaviour of animals. I read about this study that focuses on fairness in Homo Deus, the follow up to Sapiens by Yuval Noah Harari.

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