I often say that where bitcoin and the other open blockchains are today is approximately where the internet was in 1992—in terms of technology, in terms of infrastructure deployment, in terms of adoption patterns.
“Consider this scenario.
You own shares in Company A. During the past year you considered switching to stock in Company B but decided against it. You now find that you would have been better off by 1200$ if you had switched to the stock of Company B. You also owned shares in Company C. During the past year you switched to stock in Company D. You now find out that you'd have been better off by 1200$, if you kept your stock in Company C.
Which error causes you more regret? Studies show that about
Immune to Reality nine out of ten people expect to feel more regret when they foolishly switch stocks than when they foolishly fail to switch stocks, because most people think they will regret foolish actions more than foolish inactions. But studies also show that nine out of ten people are wrong.
Indeed, in the long run, people of every age and in every walk of life seem to regret "not" having
done things much more than they regret things they "did", which is why the most popular regrets include not going to college, not grasping profitable business opportunities, and not spending enough time with family and friends.”
― Stumbling on Happiness
You own shares in Company A. During the past year you considered switching to stock in Company B but decided against it. You now find that you would have been better off by 1200$ if you had switched to the stock of Company B. You also owned shares in Company C. During the past year you switched to stock in Company D. You now find out that you'd have been better off by 1200$, if you kept your stock in Company C.
Which error causes you more regret? Studies show that about
Immune to Reality nine out of ten people expect to feel more regret when they foolishly switch stocks than when they foolishly fail to switch stocks, because most people think they will regret foolish actions more than foolish inactions. But studies also show that nine out of ten people are wrong.
Indeed, in the long run, people of every age and in every walk of life seem to regret "not" having
done things much more than they regret things they "did", which is why the most popular regrets include not going to college, not grasping profitable business opportunities, and not spending enough time with family and friends.”
― Stumbling on Happiness
“In short, we derive support for our preferred conclusions by listening to the words that we put in the mouths of people who have already been preselected for their willingness to say what we want to hear.”
― Stumbling on Happiness
― Stumbling on Happiness
“Clutter is the disease of American writing. We are a society strangling in unnecessary words, circular constructions, pompous frills and meaningless jargon.”
― On Writing Well: The Classic Guide to Writing Nonfiction
― On Writing Well: The Classic Guide to Writing Nonfiction
“If we had no faults we should not take so much pleasure in noting those of others.”
― Maxims
― Maxims
student4life
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— last activity Oct 16, 2020 05:35AM
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Jacob’s 2025 Year in Books
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