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Mental Models

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galumay:
If you completely ignored your goals and focused only on your system, would you still get results?

1. Goals reduce your current happiness.
When you�re working toward a goal, you are essentially saying, �I�m not good enough yet, but I will be when I reach my goal.�

The problem with this mindset is that you�re teaching yourself to always put happiness and success off until the next milestone is achieved. �Once I reach my goal, then I�ll be happy. Once I achieve my goal, then I�ll be successful.�

SOLUTION: Commit to a process, not a goal.

2. Goals are strangely at odds with long-term progress.
You might think your goal will keep you motivated over the long-term, but that�s not always true.

Consider someone training for a half-marathon. Many people will work hard for months, but as soon as they finish the race, they stop training. Their goal was to finish the half-marathon and now that they have completed it, that goal is no longer there to motivate them. When all of your hard work is focused on a particular goal, what is left to push you forward after you achieve it?

This can create a type of �yo-yo effect� where people go back and forth from working on a goal to not working on one. This type of cycle makes it difficult to build upon your progress for the long-term.

SOLUTION: Release the need for immediate results.

ref - http://jamesclear.com/goals-systems

There is little evidence that a full moon actually impacts our behaviors. A complete analysis of more than 30 peer-reviewed studies found no correlation between a full moon and hospital admissions, casino payouts, suicides, traffic accidents, crime rates, and many other common events.

But here�s the interesting thing: Even though the research says otherwise, a 2005 study revealed that 7 out of 10 nurses still believed that �a full moon led to more chaos and patients that night.�

What�s going on here?

The nurses who swear that a full moon causes strange behavior aren�t stupid. They are simply falling victim to a common mental error that plagues all of us. Psychologists refer to this little brain mistake as an �illusory correlation.�

Delayed Gratification

http://jamesclear.com/delayed-gratification

galumay:
Some of Buffett's thoughts,

�Our ideas are so simple that people keep asking us for mysteries when all we have are the most elementary ideas�There�s nothing remarkable about it. I don�t have any wonderful insights that other people don�t have. Just slightly more consistently than others, I�ve avoided idiocy�It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.� � Munger
�It really is simple � just avoid doing the dumb things. Avoiding the dumb things is the most important.� � Buffett

galumay:
..... Sometimes you don't change
people's opinions by showering them with logic. In Jonathan Swift's words:
"You cannot reason a person out of a position he did not reason himself into
in the first place."

galumay:
On Activity.

� The 19th Century American writer Henry David Thoreau said: "It is not
enough to be busy; so are the ants. The question is: What are we busy about?"
Don't confuse activity with results. There is no reason to do a good job with
something you shouldn't do in the first place.
� Charles Munger says, "We've got great flexibility and a certain discipline in
terms of not doing some foolish thing just to be active - discipline in avoiding
just doing any damn thing just because you can't stand inactivity."
� What do you want to accomplish? As Warren Buffett says, "There's no use
running if you're on the wrong road.

galumay:
Wise men talk because they have something to
say; fools, because they have to say something.
- Plato

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