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Conviction or Stuck?

Are you maintaining your conviction or just stuck in your thesis or narrative? How to know difference. I know I always question myself especially with investments or businesses. Should I hold this stock through the down turns or is it a losing proposition and I am just stuck in confirmation bias? It really depends on […]

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Decision Science/Behavioral Economics vs Neo-Classical Economics

Two opposing schools of thought on human decision making. Decision Science focuses on HOW humans decide and it factors in very important dynamics • Heuristics and Biases • Predictable violation of choice axioms This is a Descriptive Model. On the other hand we have Neo-Classical Economics which focuses on how human SHOULD decide based on:

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Decision Making Goals – More Accuracy & Maximize Expected Value

Less is more once again! Behavioral economics aka decision science aka behavioral decision research. What is behavioral economics? An interdisciplinary field that tests falsifiable hypotheses about human decision making using randomized controlled experiments. Ok, enough of the science…how can this help us to make more accurate judgements while maximizing our expected values of our choices.

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What is an Empowered Mindset?

An empowered mindset embodies positive, success, and growth mindsets with additional elements and synergetically transforms them into an EMPOWERED MINDSET. A mindset where I strive to maintain daily. So, what is it? With an empowered mindset, we believe that your desired success can be achieved through your experiences, thinking, learning, and efforts as well as

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