Seth Stephens-Davidowitz is the author of Don't Trust Your Gut and Everybody Lies. In this conversation, we spoke about how Bill Gates read Seth's first book, why you should flood the market, and the surprising data behind who's *really* rich in the United States. (0:00) Coming up… (0:40) Seth’s college paper (4:10) “Moneyball for your life” (8:13) Mappiness Project (14:00) How to read studies (18:18) What it takes to be rich (25:33) James Altucher (27:20) Flood the market (33:54) Clever tactic for choosing what to write about (35:07) Mona Lisa Test (41:22) Music preference (43:15) How does data hurt us? (46:40) Nature (48:22) Social media (50:01) What’s Seth’s biggest addiction? (53:35) Extroverts vs. introverts (58:30) Seth’s hardest day (1:00:50) “We’re living through an explosion of data that will transform the world” Seth's Twitter – https://twitter.com/SethS_D Don't Trust Your Gut – https://www.amazon.com/Dont-Trust-Your-Gut-Really/dp/0062880918 Continue the conversation with me... 🎙 Podcast: https://podfollow.com/1532160275/view 🐣 Twitter: https://twitter.com/heydannymiranda 📸 Instagram: https://instagram.com/heydannymiranda 🕺 TikTok: https://tiktok.com/@heydannymiranda 🚨 Newsletter: https://dannymiranda.com/tuesday-treasure
In this podcast episode, host Danny Miranda interviews author and data scientist Seth Stephens-Davidowitz about the explosion of data in modern life and how it's transforming our understanding of important aspects of being human.
The author discusses his book "Moneyball for Your Life" which includes chapters on entrepreneurship, parenting and dating, all connected through the idea of applying baseball statistics to life. Each chapter could stand alone as its own book.
A study by Mappiness found that the average sports fan experiences more pain from their team's games than the positive emotions gained from winning, leading some fans to reevaluate their investment in following their favorite teams.
A study of over 140,000 people who earn more than $1.6 million per year examined what factors contribute to wealth, beyond just being one of the few hundred billionaires in the world.
Independent creative business owners have a better chance of entering the top 1% and 0.1% by creating a local monopoly, and are more likely to succeed with consistent hustle and networking efforts, according to tax data analysed by economist Tyler Cowen.
The odds of being successful and getting a positive response are often higher than what most people think, whether it is knocking on the doors of celebrities or asking someone out on a date.
In a discussion about the book, "Everybody Lies", the speaker expresses his desire for the author to have given more insight on what to do with the data provided. He reflects on the challenge of getting people to pay attention to important books in comparison to more trivial ones.
The quantity of art produced has a strong relationship with its quality, and artistic success has much less to do with the quality of the art and more to do with random things that take it into the stratosphere. Libraries burning a book could make it more interesting and therefore more visible.
Despite concerns about the use of data collection to keep users hooked on social media sites, there are positive benefits to be gained. By using data to test new versions, sites like Facebook can improve user engagement and experience.
The Mappiness study reveals that being in nature, particularly near a body of water, greatly boosts happiness. Meanwhile, a sports fan rooting for multiple teams can experience significant mood swings equivalent to getting sick once a year.
Both introverts and extroverts experience a mood boost from being around people, despite the common belief that only extroverts enjoy social interaction. However, the definition of introverts involves a more subtle process of energy replenishing rather than an immediate mood boost.
The world is experiencing an explosion of data that is transforming our understanding of important areas of human life, from improving our own lives to saving the world.