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> I learned something that day, though I'm not sure what. You learned that people get sour with jealousy and annoyed when you can produce the same output / uni
by winter_blue 9y ago
> I learned something that day, though I'm not sure what.
You learned that people get sour with jealousy and annoyed when you can produce the same output / unit of work, at a fraction of the time that it takes them?
- afandian 9y agoIt goes further than that. I offered to show them how to automate the job (it's not like I had a promising career making HTML pages to sell furniture) and they didn't take it because presumably it bruised their pride. Even though it was strongly in their interests.
- WalterBright 9y ago> because presumably it bruised their pride. Even though it was strongly in their interests. We all do that. For example, I'll hold onto a bad investment because selling it means admitting I screwed up. It's a tendency we all have to fight.
- danielharrison 9y agoNot everyone has this bias. I think it comes down to how logically or emotionally driven the individual is.
- fragmede 9y agoSometimes it is the most intelligent and logical people that have that bias the worst because they believe themselves immune to emotion.
- WalterBright 9y ago> Not everyone has this bias. Are you sure about that? As research in "Thinking Fast and Slow" by Kahneman shows, people exhibit the usual cognitive biases even while adamantly asserting they do not.
- tome 9y agoWarren Buffett and Charlie Munger are unusually good at avoiding that bias: http://www.cnbc.com/2014/10/16/buffett-sells-off-huge-mistake-tesco.html http://www.cnbc.com/2014/10/16/buffett-sells-off-huge-mistak... http://nypost.com/2017/05/05/warren-buffett-sells-a-third-of-ibm-stake-marking-it-downward/ http://nypost.com/2017/05/05/warren-buffett-sells-a-third-of...
- tripzilch 9y agoDid you check the cited research paper in that book, just to see that the experiments actually test for this, and the results actually match that claim? It's bad but I found with Kahneman (and Taleb)'s books it really pays to check. The stories told in the books can sometimes be wild extrapolations of the actual research experiments. For instance, did they test subjects' assertions for all of "the usual cognitive biases"? I doubt it. Or just one particular bias but extrapolated it holds for all of them, but on what basis? and is that relevant in the context of which you cite it now? I urge you to actually go check. The outcome may surprise you. Tasty clever anecdotes with mildly counterintuitive experimental outcomes sell books.
- deleted 9y ago[deleted]