Josh Wolfe @wolfejosh VC, entrepreneur, fund manager @Lux_Capital; Chair @CiPrep Coney Island Prep; Trustee @SfiScience Santa Fe Inst; CoFounder of Carson, Quinn & Bodhi w/ @ltwolfe Jan. 04, 2020 1 min read

Found this useful framework from a favorite psychologist Roy Baumeister

Most useful take away: “The 4:1 ratio”

Since bad experiences are 4x more salient than good—you need 4x good to balance (whether in personal relationships, pleasing customers...)  https://www.wsj.com/articles/for-the-new-year-say-no-to-negativity-11577464413 

Here are 4 useful takeaways—
1. “Do not harm”

Avoiding bad is far more important than doing good.

You get relatively LITTLE credit for doing MORE than you promised but pay a BIG price for FALLING SHORT...

2. More on the ‘Rule of Four’ — it takes four good things to overcome one bad thing...

3. Put Bad Moments to Good use

PENALTIES are usually more effective than REWARDS—

*...Which is why hell-fearing religions have historically grown after than ones preaching positive messages...

*...the self-esteem movement is a sorry mistake in psychology.

4. “Capitalize” Good.

...SHARE good moments with others to amplify them + add significance in the presence AND salience to the memory of the moment—to be relived later...

5. Get Perspective—

Don’t let the salience of short-term negative events consume. Pay attention to the long-term big picture trends of positivity.

*BUT
I dont agree w/ ignorance of truth—for sake of happiness—

that can be a dangerous drug of distraction
Bad events motivate us


You can follow @wolfejosh.



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