“Luck” is very frequently used to describe the uncontrollable and the unpredictably favourable or unfavourable role that circumstances play in our lives.
Usually, a negative and contemptuous connotation is attached to the term. We often sneeringly remark how someone got an elusive job Continue reading “On Luck”
Success literally means to achieve fame, wealth or respect. But, I believe that this is a very flawed way of looking at things. Let’s take the example of a mother. She wakes up early in the morning, prepares lunch for her kids, gets them ready for school, helps them with their homework and makes a wide range of sacrifices just to ensure that her child gets the best Continue reading “On the meaning of success”
I have always been of the view that everything should be meticulously organised. A firm believer in the conventional way of doing things, I had a well thought out plan ready for each and every situation that I might encounter in the future. Most of the times, it has also involved having a backup ready in case things don’t go as planned. Continue reading “Why not planning for the future is the best plan”
The other day while browsing through my feed on Quora, I came across this wonderful concept of economics which can be extrapolated to the realms of psychological decision-making and was surprisingly intrigued by its impact on our lives. The sunk cost fallacy affects us in a subtle manner almost every day and we being completely oblivious to its existence let it get the better of us. However, the mere realisation that it exists can do wonders to our productivity and our decision-making abilities. Continue reading “The trap of the sunk cost fallacy”