
20 May 2024 | 0 replies
When the four words in my title here are used, typically you can expect to hear some nostalgic idiot go on about his many cognitive dysfunctions about how wonderful the past was and how hard and miserable times today are.This is not one of those times.What I'd like to ask in this discussion is: what limiting beliefs did you have to eject along the way of your investing journey in order to succeed?

20 May 2024 | 11 replies
Quote from @April September: I don't drink coffee( never have ) and you suffer from mental illness ,called COGNITIVE DISSONANCE.My post was for the smart people who care about the truth.Enjoy your slavery and your stupidity and don't forget to pay your taxes, mortgage that you never had, " your" car registration and your prepaid utility bills.And of course, don't forget your vaccines.

13 May 2024 | 11 replies
Google cognitive dissonance and you'll understand the true agenda for their presentation. https://en.wikipedia.org/wiki/Cognitive_dissonance"The discomfort is triggered by the person's belief clashing with new information perceived, [or perceived new information, which is neither new nor informative] wherein the individual tries to find a way to resolve the contradiction to reduce their discomfort."

4 May 2024 | 2 replies
I used as few colors as possible and tossed the wood slats so nothing looks to busy to the eyes increasing cognitive friction on the mind.

16 April 2024 | 20 replies
I find it interesting that nobody really crunches the actuall numbers in Real Estate which I think is part of the cognitive dissonence we practice in order to make our investments look a little better.No 1031:Purchase: 120k, Sold 330k = 210k in just equityGross Rent: 220k - 60k expenses - 15k taxes = 145k <-- actual rental income$210k (equity) + 145k (rent) = 355k i.e. 355k -30k(closing) -50k(taxes) -25k(renovation) -14,500(recapture) = $245k=245k profit (including all rental income, tax deductions and appreciation.So if you had a mortgage, you would subtract the 145k in rental income and add 30k in principal.

15 May 2021 | 4 replies
For those not familiar, these are 4 bed facilities that help elderly or people with cognitive disabilities.

20 November 2018 | 24 replies
Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly unique and brilliant way.In this show, you’ll have your mind blown by Annie’s insights regarding following conventional wisdom (even if it doesn’t make sense), focusing too much on the results (and not enough on the right choice), and accepting a level of uncertainty to gain a HUGE advantage over your competition.

31 July 2018 | 45 replies
I too tend to think about investing in terms of pure numbers without any regard for my own cognitive biases.

28 March 2018 | 67 replies
@James Free You did a great job describing the Fundamental Attribution Error; it's one of the more common cognitive biases.

8 March 2018 | 5 replies
The neighbors do say he is still cognitive intact but he is clearly not healthy and not taking care of himself.