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Loss aversion is called a cognitive bias. But the math says otherwise. A 50% loss requires a 100% gain to recover. Some losses have no recovery at all.
Featuring: Daniel Kahneman, Amos Tversky
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HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
I kept a rest day each week for years. It made everything harder. There's a hidden cost to any gap in a habit: reactivation energy.
Featuring: James Clear
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Brought to you by:
Trends.vc: Discover new markets and opportunities. https://trends.vc/
HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
Prediction markets aggregate real information from people with real stakes. The accuracy is real. The influence that some participants have over the outcome is also real.
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Brought to you by:
Trends.vc: Discover new markets and opportunities. https://trends.vc/
HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
Each choice you make is an investment. You invest time, energy, attention, willpower. Sometimes money. The question is: what's your ROI?
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Read the full post
Brought to you by:
Trends.vc: Discover new markets and opportunities. https://trends.vc/
HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
I've run hundreds of business ideas through 11 pass-or-fail filters. HeadsUp, Multi and Charm survived. Each filter covers personal use, daily frequency, platform potential, counter-positioning, portfolio fit, energy, revenue proximity, marginal costs, market size, passive value and evidence of demand.
Featuring: Sam Altman, Hamilton Helmer
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Read the full post
Brought to you by:
Trends.vc: Discover new markets and opportunities. https://trends.vc/
HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
Most tea bags contain plastic. Switching to loose leaf solved one problem and created another. Problems beget problems. And when it comes to AI and jobs, the rebuttal everyone repeats is incomplete.
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Read the full post
Brought to you by:
Trends.vc: Discover new markets and opportunities. https://trends.vc/
HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
I got back to my apartment at midnight. My flight was at 5am.
Watch on YouTube
Read the full post
Brought to you by:
Trends.vc: Discover new markets and opportunities. https://trends.vc/
HeadsUp: Know when your competitors move. Before your customers do. https://headsup.bot
Multi: Turn any content into a YouTube video. https://makemulti.com
Where to find Dru:
Essays: https://druriley.com/
Subscribe to Dru's Notes for a new episode every day.
Click here to view the episode transcript.
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