Dan Ariely is one of the most interesting people I have ever come across… I could go on about his various TED talks or the rest of his incredible CV – but you can enter that rabbit hole another time. Today, I wanted to cover Chris Yeh’s Outline of Predictably Irrational: The Hidden Forces that Shape Our Decisions. It’s one of Ariely’s most fascinating books… and takes a peek into the predictable psychology that powers human actions and reactions. As always, I’ll try and pick out some lessons we can apply to our world of watches. Here’s Ariely’s list…
Barry Schwartz is an American psychologist, Professor of Social Theory and Social Action at Swarthmore College, and since 2016 has been visiting professor at the University of California, Berkeley. His work focuses on the intersection of psychology and economics… He is also the author of the book “The Paradox of Choice” and he talks about the concepts from the book in this TED talk. In this post I wanted to outline some of the key points he makes, and connect them to a watch collector’s decision-making processes.
A few days ago I was reading this post about how our preconceived notions might hinder our decision-making… I thought it was so applicable watches, and wanted to share it here with a few comments.
As certain watches gain popularity and resell for multiples of the original retail price, this post aims to discuss some of the pricing dynamics in the watch world, and think through the considerations a brand would need to make before setting the price of a watch. It is simply a discussion and thought experiment, hope you find it interesting.
Chris Voss is a former FBI hostage negotiator, TED speaker, author of Never Split the Difference: Negotiating as If Your Life Depended on It. In this book, Voss uses his experiences from dealing with crises to explain how many of his tactics are actually applicable to normal folks like you and I. As he puts it, “Getting…
A post about the state of watch collecting, and a discussion about ways in which people collect watches, along with the impact of these choices.
I just had a conversation with my buddy Ben (@koreahasseoul1) and I felt like the topic was worthy of a post. Incidentally he’s a pretty interesting collector, and I would urge you to chat to him too if you feel like you want some advice about your collection, or just to talk watches. I always appreciate his perspectives, and I am sure you will too. Ben and I spoke about how collecting has evolved, especially in the last two to three years.
Author, mum and teacher Esther Wojcicki says “There’s a real lack of understanding of what parenting is about”. Parents might be fearful that their child will fail, or anxious that they’ll make irreparable mistakes, and this fear and insecurity come from a place of love – but the result is a generation of anxiety-plagued, helpless young people. This book is about the “Woj Way” that stresses trust, respect, independence, collaboration and kindness (TRICK) – and how this approach will help you raise children who become self-reliant, capable and confident adults.
I’m not sure who needs to hear this today, but it’s Sunday evening and this seems quite handy as we head into a new week. Transitions can be some of the most difficult parts of our lives… don’t quit.
Richard Thaler, Daniel Kahneman and Amos Tversky are the pioneers of the field called “behavioural economics”, two of them even won Nobel prizes for their work and the third would have too, if he was alive to receive it. The trio uncovered numerous ways in which people make poor decisions without knowing it. Here’s a short podcast where Thaler tells a number of stories that bring behavioural economics to life. I wanted to talk about some of their findings (again) and apply it to watch collecting in some way.