a phasing nirvana (alter ego)
agnostic | seeking new experiences | interests moody like the bangalore weather
interests
travel (partial to mountain views)
photography (nothing fancy, a humble mobile)
theatre (happened out of pure serendipity)
reading (primarily non-fiction)
writing (thoughts, opinions, experiences, ...)
foodie (street food to a 5-course gourmet meal)
sports (cricket (duh!), f1, tennis (federer))
cooking (only when maa allows me into her kitchen)
fun facts (ex-quizzer)
...
musafir tales
chaotic jukebox
shelf indulgence
misbehaving: the making of behavioral economics
always heard the term "behavioral economics" but didn't really understand what it meant. it sounded cool and something intellectuals would talk about it, but I never knew how to get a beginner's guide to it. luckily my colleague turned friend, ryan dale, seemed to know a good amount about the domain and suggested this book as the perfect first book.
what did I love about the book?
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dr. richard thaler uses layman's terms to explain the fancy concepts of economics and behavioral economics (yes, they are different!) hence making it easy to grasp
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a ton of "aha!" moments as it meanders through personal finance, will make you mindful of your personal financial behavior in the future and teach you scientifically about investing as well
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talks about tons of everyday phenomena we see and feel but didn't know they had a name and structure. why do e-commerce websites slash the price and show heavy discounts? how do you price better with the help of some basic statistics?
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tons of counter-intuitive thoughts which go against the conventional wisdom, invoking the second-order of thinking
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autobiographical flow, personally, I liked how it showed the evolution of the whole field of science (behavioral economics) and the challenges of a researcher in such a domain
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genuinely made me feel smarter by the end
given I was reading only for ~15-20 minutes per day, and the content was a little intellectually rich, it took me a good ~2 months to finish this book. highly recommend this to anyone keen on learning something new, especially if you are looking to venture out into an unknown domain.