Selection from three of Charlie's talks, combined in to one talk never made. Notes from book Poor Charlie's Almanack Charlie created his own psychology system how to get throught life (and avoid irrational pattern) by cassual reading and from his expierences 1.) Reward and Punishment Superresponse Tendency FedEx couldn't fullfill all packages per shift on … Continue reading Charlie Munger: The Psychology of Human Misjudgement
Robert Cialdini Check out details and reviews of this book on Amazon. "I wondered why it is that a request stated in certain way will be rejected, while a request that asks for the same favor in a slighty different fashion will be successful." Weapons of Influence If we ask someone to do us a … Continue reading Influence: The Psychology of Persuasion
Will and Ariel Durant Check out details and reviews of this book on Amazon. History and the Earth Trade routes will follow less and less the rivers and seas; men and goods will be flown more and more directly to their goal. Countries like England and France will lose the commercial advantage of abundant coast … Continue reading The Lessons of History
Dan Ariely Check out details and reviews of this book on Amazon. Humans rarely choose things in absolute terms. We don't have an internal value meter that tells us how much things are worth. Rather, we focus on the relative advantage of one thing over another, and estimate value accordingly. (For instance, we don't know how … Continue reading Predictably Irrational
Ray Dalio Check out details and reviews of this book on Amazon. Think for yourself to decide 1.) What do you want2.) What is true3.) What you should do to achive #1 in light of #2 While it isn't necessarily a bad thing to use others' principles, adopting principles without giving them much thought can … Continue reading Principles: Life and Work (Part I.)
Seth Godin Check out details and reviews of this book on Amazon. Quitting is often a great strategy, a smart way to manage your life and your career.Winners quit the right stuff at the right time. There’s a dip in the long stretch between beginner’s luck and real accomplishment.The people who invest the time, energy, … Continue reading The Dip
Hello !! Ahoj !! This blog is mostly for me. For looking back and tracking my thoughts, ideas, knowledge and notes. Business related mostly. I will write in English and Czech language. Randomly. I will write summaries of books I have read. Business ideas I came up with. New things I have learnt. What I … Continue reading Hello World !