About This Show
The DutyLife's show is all about providing and helping aspiring entrepreneurs,entrepreneurs,business owners,CEO,CFO,Marketing Managers,Policy Makers,Individuals- how to make decision under incomplete information , incomplete understanding and how to build system where mistake can occur without threaten the system and most importantly control recycle and use as fuel from improvement.
Most Recent Episode
Why we tend to theorise first understand later and observe last What is the More Robust And Better Approach
3 days ago
Why we are lot good at doing than knowing? If you are professor at Harvard expert specialise in a given field. Your errors of predictions on the subject of what is going to happen -will be way higher than the one a semi ignorant. In another if you can only read and write ,your errors are inferior to someone who is specialise in the subject. Let me give another example:If you give 50 piece of information of a patient to a psychologist and later 10 piece of iformation on the same patient.His diagnosis with 10 piece of infos will be better than with 50 piece. Which proves we don’t know to work with infos. Now why Why? It is a technical problems: Let me explain why.if I show a blurr picture of a dog and increase the resolution of the lens by 10,you won’t be able to see the dog- because you will produce 9 or 8 theories. Now if I increase the resolution of the lens only by 3,you will see the dog immediately-yes right away. Conclusion: The more data you have- the more theory you will create. The more theories you will create and the less you will be able to see reality. Hence, once you have a theory in you mind, you will subconsciously and automatically seek what confirm your point of view meaning theory. This is the reason why it is better to have minimum of theory. Because the theory via the confirmation bias diminish your understanding of the world. Why because sterile information is never perceived as sterile by the brain What I am saying is the way we human think is based on confirmation. Meaning we favour the visible, the tangible, the well narrated and we scorn the abstract. And our natural tendency to believe that, we haven’t seen or don’t know doesn’t exist. “Finance, book publishing, expert, and venture capital “You must remain extremely vigilant. How many time did you spend your hard earning in many programs and took them seriously and they never yield the expected promises? I can answer: countless -Hence don’t study to add more knowledge- but to make your knowledge better. -This the reason BRS is an anticipatory program rather than backward fitting one which give us the illusio