The Art of Thinking Clearly: The Secrets of Perfect Decision-Making
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For example, people who are rarely ill consider themselves immortal.
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‘Nothing is certain but death and taxes.’
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So, no wonder we fear loss more than we value gain.
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The fear of losing something motivates people more than the prospect of gaining something of equal value.
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What a waste of emotion!
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In almost all companies and situations, safeguarding your career trumps any potential reward.
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We are more sensitive to negative than to positive things.
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In the West, teams function better if and only if they are small and consist of diverse, specialised people.
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Linear growth we understand intuitively.
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When it comes to growth rates, do not trust your intuition.
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The winner’s curse suggests that the winner of an auction often turns out to be the loser.
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Pay close attention to the dance of influences to which the actors are subjected.
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