While the dividend discount model (DDM) has many different forms, it is an absolute valuation method that attempts to calculate a company’s intrinsic value based on the theory that its current price is the worth the sum of its discounted future dividend payments.Read More
There are dozens of different types of charts, each with a unique purpose. While each chart type may be slightly better for slight differences in data, in practice you can get by with using only a few.
In this post we'll discuss how to choose a chart type and the benefits and drawbacks of each.Read More
Sight is by far our strongest of the five senses.
Using data visualizations can help catch underlying patterns, trends, or outliers in the data. Using visualizations means, for those who will be interpreting the information, they can gather more by seeing the data than any other way you could present it.Read More
Ockham's razor, commonly spelled Occam's razor, is a problem-solving principle that states in its most simple form: among competing hypotheses, the one with the fewest assumptions should be selected, or in other words: the simplest explanation is usually the right one.Read More
Game Theory is a branch of mathematics that deals with the analysis of decision making processes in competitive situations where the outcome for each participant depends on the actions of other participants.
Game theory has far-reaching applications including biology, business, politics, and war.Read More
The availability heuristic, or availability bias, is a mental shortcut we use when trying to determine the likelihood of an event. This shortcut works by assuming that the probability of an event is correlated with the ease with which supporting examples come to mind. However, as is the nature with all mental shortcuts, relying too heavily on any given shortcut can leave us susceptible to various biases.Read More
Risk is an uncomfortable topic for many of us but the pace of change in business today is such that if you're not taking a risk, you're taking a risk. And as individuals, being a great risk taker is a part of the foundation for having a successful and fulfilling career.
Being a great risk taker is not about being bold or being crazy. Being a great risk taker is all about being thoughtful and analytical with your choices.Read More
Social proof is a mental framework we use when we feel uncertain how to behave. We look at the actions of others around us and we adjust accordingly. While this proves to be beneficial in many situations, unless we're careful it can also be very misleading.Read More
Altruistic actions are those in which a person selflessly helps others.
Social science research shows that none of us may be as altruistic as we think we are. Each of us, whether we recognize it are not, are constantly influenced by various alternative motives. For example, we may help others, in part, because it also makes us feel good about ourselves.
But each of us still have a choice whether or not to help others. And ultimately, if helping others makes us feel good too does that make it any less worthwhile?Read More
Learning How to Learn is a fun introductory course to many different topics including: how to study effectively, introductory neuroscience, forming and breaking habits, and how to improve memory, among many others.Read More
The Feynman Technique helps deepen and solidify your knowledge of a concept by forcing you to recall information and explain it in the simplest terms possible.
The Feynman Technique, in it's most basic form, is four steps:
Choose a Concept
Teach it to a Child
Identify Gaps in Your Explanation
Organize and Review
Highlights of Chris Sacca's commencement address to the class of 2011 at the University of Minnesota's Carlson School of Management.Read More
Highlights of the commencement speech given by Jim Carry to the graduating class of 2014 at Maharishi University of Management.Read More
I've compiled some of my favorite quotes and grouped them by an overarching theme.Read More
I believe in cultivating a life of interestingness. I think it's important to write down your goals and remind yourself of them. I don't want to grow old and look back and wonder where the years went.Read More