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Nearest Metro Station Samaypur Badli Or Rithala How can we change our thinking and how does it effect the way we live in?
1. 0:32 Decision making process – Think about the logic behind before taking any decisions. Whether the value of your decision is short term or long term? If short, then it is termed as system 1 else if for long term, then it is termed as system 2.
2. 2:41 Anchoring – Make an anchor and revolve your decision making process around that. For eg, if I ask whether tallest tree is 1000 feet or not? Then your answer will either be approx around 1200 or 800.
3. 4:08 Science of availability – It is a major concept. Our life gets affected by seeing various news around us and change our thinking.
4. 5:17 Loss aversion – Learn to take risk. This will help you grow rather than being the mediocre.
5. 6:57 Framing – Change your perspective and improve your frame of mind. Think positive and it will surely change your thinking.
6. 7:45 Sunk cost factor – When present decisions are made based on past happenings and thus occurrences of the past change your thinking process.
Watch this video to learn more.
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