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Romain
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These people have made many rules that the rich may break but the poor may not. They take their tithes from the poor and weak to support the rich and those who rule. – Chief Sitting Bull,
“To try and fail is at least to learn; to fail to try is to suffer the inestimable loss of what might have been.”
― Algorithms To Live By: The Computer Science of Human Decisions
― Algorithms To Live By: The Computer Science of Human Decisions
“I found the concept of hindsight bias fascinating, and incredibly important to management. One of the toughest problems a CEO faces is convincing managers that they should take on risky projects if the expected gains are high enough. Their managers worry, for good reason, that if the project works out badly, the manager who championed the project will be blamed whether or not the decision was a good one at the time. Hindsight bias greatly exacerbates this problem, because the CEO will wrongly think that whatever was the cause of the failure, it should have been anticipated in advance. And, with the benefit of hindsight, he always knew this project was a poor risk. What makes the bias particularly pernicious is that we all recognize this bias in others but not in ourselves.”
― Misbehaving: The Making of Behavioral Economics
― Misbehaving: The Making of Behavioral Economics
“It is therefore imperative that you identify your work as both personally interesting and, at the same time, integrally connected to the well-being of others.”
― Grit: The Power of Passion and Perseverance
― Grit: The Power of Passion and Perseverance
“Any successful person has to decide what to do in part by deciding what not to do.”
― Grit: The Power of Passion and Perseverance
― Grit: The Power of Passion and Perseverance
“Psychologists call this habituation, economists call it declining marginal utility, and the rest of us call it marriage.”
― Stumbling on Happiness
― Stumbling on Happiness
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Romain’s 2025 Year in Books
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