“The drive to resist compulsion is more important in wild animals than sex, food, or water... The drive for competence or to resist compulsion is a drive to avoid helplessness.” ImportantSexWaterAnimalCompetenceCompulsionHelplessnessWild Animal Author:Martin Seligman
“Commentators frequently blame MMORPGs for an increasing sense of isolation modern life. But virtual worlds are less a cause of that isolation than a response to it. Virtual worlds give back what has been scooped out of modern life. The virtual world is in important ways more authentically human than the real world. It gives us back community, a feeling of competence, and a sense of being an important person whom people depend on.” PeopleWorldWayGivingHumansPersonsHas BeensImportantRealFeelingsCausesCommunityModernDependsBlameResponseIsolationReal WorldGiving BackCompetenceModern LifeCommentatorsVirtual RealityImportant PersonVirtual World Author:Jonathan Gottschall
“What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.” NeedsImportantAbleAbilityCompanyKnowingNotesSizeCirclesBoundariesExpertsInvestorsCompetenceEvaluateSelected Author:Warren Buffett