“The possibility that stock value in aggregate can become irrationally high is contrary to the hard-form "efficient market" theory that many of you once learned as gospel from your mistaken professors of yore. Your mistaken professors were too much influenced by "rational man" models of human behavior from economics and too little by "foolish man" models from psychology and real-world experience.” MenWorldHumansLittlesRealHardFormValuesPsychologyToo MuchPossibilityTheoryBehaviorModelsEconomicsContraryFoolishRationalProfessorsReal WorldEfficientMistakenHuman BehaviorFoolish ManEfficient Markets Author:Charlie Munger
“I don't have too much interest in teaching other people how to get rich. And that isn't because I fear the competition or anything like that - Warrenhas always been very open about what he's learned, and I share that ethos. My personal behavior model is Lord Keynes: I wanted to get rich so I could be independent, and so I could do other things like give talks on the intersection of psychology and economics. I didn't want to turn it into a total obsession.” PeopleWantGivingWantedTurnsInterestLordRichPsychologyToo MuchShareTeachingBehaviorModelsEconomicsIndependentCompetitionObsessionGet RichEthosIntersectionsKeynesTeaching OthersPersonal Behavior Author:Charlie Munger
“I didn't want to be around anybody because it was just too much for my brain. But, as an actress, you hope you get those meaty roles that push you into the extremities of that psychology. I like doing independent films because there's more room for you to be creative, and the director allowed me to just go wherever I needed to go. It was emotional. I had to cry a lot.” WantFilmRoomsBrainRolesCreativePsychologyToo MuchCryEmotionalNeededDirectorsIndependentActressesBe CreativeIndependent FilmExtremity Author:Tinsel Korey
“Just because you've had one or two of those games, you can't really go back to the next practice and change everything. That's the most important thing in those situations that you don't think too much, you don't try to change too much because then you're going to be in deep trouble, that's what I think. It's all about keep working on what's been successful for you and keep believing what you're doing is the right thing.” ThinkingTryingBelieveTwoImportantNextGamesSportsSituationPracticeSuccessfulPsychologyToo MuchTroubleImportant ThingsRight ThingHockeySports PsychologyKeep Believing Author:Jonas Gustavsson
“For me it's always about first impressions. I trust my instincts. I love to prepare if it's something that requires training. But I don't like to prepare the psychology too much. I enjoy the psychology of the character but I work better from a first impression.” IfsFirstsCharacterEnjoyPsychologyToo MuchTrustTrainingInstinctImpressionFirst Impression Author:Billy Zane
“He who has a slight disadvantage plays more attentively, inventively and more boldly than his antagonist who either takes it easy or aspires after too much. Thus a slight disadvantage is very frequently seen to convert into a good, solid advantage.” PlayEasyPsychologyToo MuchAdvantageAspireDisadvantagesAntagonistTake It Easy Book:Lasker's Manual of Chess Source: Lasker's Manual of Chess
“I think that always myself is my worst opponent. I always playing against myself first and then to the other one. So I'm playing against two guys during the match...It's like mentally I don't know what is gonna happen in the next ten minutes. Maybe I get depressed in ten minutes. I don't know myself too much...Yeah, I was working with a psychology, and I still.” ThinkingKnowsFirstsStillsTwoHappensGuyNextPsychologyToo MuchMinutesWorstTenYeahOpponentsTennisTwo Guys Author:Gaston Gaudio
“I love to prepare if it's something that requires training. But I don't like to prepare the psychology too much.” IfsPsychologyToo MuchTrainingImpressionFirst Impression Author:Billy Zane