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https://loopvids.s3.amazonaws.com/Nov30Post.mp4 A long time ago, I was into short term investing. Not exactly day trading, but not long term, set and forget investing. I read a bunch of books about psychology of investing, etc. One guy had a pretty cool system. Dude had a PhD in psychology and was highly recommended. After going over all the psychological aspects, fear, greed, etc., he got into the technical aspects. Three separate screens, based on different technical aspects. Long term screen, medium term screen, and then a final screen. Out of all the thousands of stocks, only a few made it through to the final screen. Then it was the trader's job to get in and out at the right time, based on a bunch of short term indicators. The screening part was my favorite. Like a statistical way of finding a needle in a haystack. I had this friend who had a very well calibrated seduction technique. He told me he based it on the first Terminator movie. This guy was super successful with the ladies so when he explained, I listened. If you don't remember the first Terminator, he would have this screen through which he could see the world. And on the side he could choose from various responses. He told him he took a lot of time and to build his own version. So he could walk into any social area, quickly scan the crowd, and find the very few high probability targets. Like anything else, he had to practice consciously for a while before it became unconscious. He said the most telling body language element was their eyes. I used to read a lot of Tom Clancy. In one story, they were after this super-villain. A kind of sociopathic type who did horrible things. More than one of the characters mentioned something like this to the main good guy: "When you catch him, I'd like to see his eyes." Meaning you can tell a LOT by how somebody looks at you. Whether they are DTF or just flirting. Or out of professional curiosity, what the eyes of a sociopathic super villain look like. There is a lot of data we can get from the eyes of others. There is a lot about ourselves we can reveal from our own eyes. But for most people, making eye contact is like giving an oral report in school. You want to get it over with very, very quickly. When you give the speech, you are so nervous you barely remember it when you are done. At the same time, giving a speech effectively and confidently is like a drug. Similarly, if you practice eye contact from an inner game level, it's like a drug. Giving a good speech to a receptive audience is a very EXPENSIVE drug. It takes a lot of time and effort. But pleasing eye contact is FREE. Everywhere you look there are opportunities. Get Some: https://mindpersuasion.com/seductive-eye-contact/
We humans have a lot of biases. Most of them are widely known. Like confirmation bias, for example. We tend to find things in our environment that verify what we already believe to be true. Or we watch TV news that matches our pre-existing outlook. However, one thing many people don't take into account is why these are called "biases." If you say somebody is "biased," that is a negative label. Nobody strives to be "biased." So the general idea when thinking in terms of human "biases" is they are "errors" in thinking. But are they? When you go to a new school, or work at a new company, or move to a new neighborhood, confirmation bias works in your favor. The typical process of "making friends" specifically means finding people with whom we share similar ideas and beliefs. If you are a Mets fan, for example, you wouldn't make any friends with Yankee fans. In this case, these "biases" are not really "biases." They are "friend making strategies." Or what if you went into a pizza place, and looked up at the extensive menu. One way to describe what you were doing would be, "trying to find something that looks good." But HOW, exactly do you do that? If you were to explain to an alien the process of "finding something that looks good," how would you describe it? You look up at all the choices, quickly imagine (based on whatever experiences you have in your brain) which one is best. Without having any kind of "biases" that would be impossible! Some people have horrible brain conditions where they have amnesia after a certain point. Usually due to an accident. (This was the plot of the Adam Sandler move, "50 First Dates") What if your brain couldn't store any food memories? What if every single time you ate anything, it was always the first time? You could never guess beforehand what was good, and what wasn't. "What's that? Raw broccoli covered in wasabi-anchovy sauce? Sounds interesting! Lemme try some!" That would suck! Luckily, our brains are filled with sorting techniques (sometimes called "biases") that help us make effective decisions. However, there IS one thing that will KEEP you from making effective decisions. And that is not having an outcome. Deciding what to do ONLY makes sense if you have an OUTCOME. Then you can decide what to do to get you there as quickly as possible. When you are moving toward something YOU want, your biases can be your best friend. Learn More: Seven Disciplines