Chapter
The Balance Between Procedural and Spontaneous Wisdom
48:06 - 55:31 (07:25)
The balance between young, procedural, old, spontaneous, and embodied wisdom is essential in today's world of podcasting and YouTube. It's essential to be wary of following one's gut and instead focus on finding this balance for better decision-making.
Clips
In this excerpt from his book "Thinking in Bets", author and former professional poker player Annie Duke discusses the role of intuition in decision making, cautioning against relying solely on cost benefit analysis and suggesting a more dynamic approach that balances both rational and intuitive thinking.
48:06 - 50:59 (02:53)
Summary
In this excerpt from his book "Thinking in Bets", author and former professional poker player Annie Duke discusses the role of intuition in decision making, cautioning against relying solely on cost benefit analysis and suggesting a more dynamic approach that balances both rational and intuitive thinking.
ChapterThe Balance Between Procedural and Spontaneous Wisdom
Episode#531 - Russ Roberts - An Economist’s Guide To Life’s Big Decisions
PodcastModern Wisdom
The issue of young people looking up to individuals who may not have experienced life as they have, and the challenge of imparting wisdom to a generation that may not be willing to listen is a problem in online platforms such as podcasting and YouTube.
50:59 - 53:23 (02:23)
Summary
The issue of young people looking up to individuals who may not have experienced life as they have, and the challenge of imparting wisdom to a generation that may not be willing to listen is a problem in online platforms such as podcasting and YouTube.
ChapterThe Balance Between Procedural and Spontaneous Wisdom
Episode#531 - Russ Roberts - An Economist’s Guide To Life’s Big Decisions
PodcastModern Wisdom
The idea of keeping principles and values, living by them can be expensive, but the idea of robust principles and hard rules that apply to different situations can help in maintaining ethical principles in financial situations.
53:23 - 55:31 (02:08)
Summary
The idea of keeping principles and values, living by them can be expensive, but the idea of robust principles and hard rules that apply to different situations can help in maintaining ethical principles in financial situations.