Are you a normal dummies?

Are you a normal dummies?

Come out first: If you wait for the bus as usual after work on a certain day, but it has not arrived more than half an hour, it is clear that something has happened on the road. At this time, your colleague Tom also came to wait for the car. He proposed to take a taxi home when he saw your situation. You don't think this is a good idea, but you will find that your direction is the opposite of that of Tom. Tom hesitated and decided to take a taxi. What about you? If it costs 30 yuan to take a taxi home from here and 2 yuan to take the bus, how do you choose?

 

Check whether most people have the same answer as you. We usually come to the calculation. Since I have been waiting for a long time, it will not be a short time, so I will continue to wait. Maybe 10 minutes later, the car arrived. You have been together for a long time, and the crowds have returned home in a crowded manner. Although the time is very late, you are also tired, but you are still happy to save yourself 28 yuan.

Is your answer like this? If so, you are one of those who are called "normal fools" by Mr. Kaiyuan. You follow your irrational feelings, but forget to calculate your life rationally.

Don't be discouraged. Let's first introduce you to the concept of "sunk costs ". Sunk Costs refer to expenses that have occurred but are unrecoverable, including money, time, and energy. Behavioral decision-making theory experts found that when people decide whether to do one thing, they not only depend on whether the matter is good for themselves, but also whether they have invested in it in the past, this is called the "sunk cost misunderstanding ".

A common example is that a family wants their children to learn the piano and spend a lot of money to buy the piano for their children. In a few days, the little guy gets tired and doesn't want to touch the piano any more. Parents are anxious to see that investment is going to be a waste product, so they find their tutors and at the same time report more expensive classes to their children, and use coercive means. In the end, the child's attitude towards the piano became resentful and even resentful of music. We can see that, because of their impulse investment, they have fallen into the abyss of sunk costs and even sacrifice their children's interests and happiness, the sunk cost misunderstanding has completely forgotten their original intention of buying a piano-promoting healthy and happy development of children!

Think about the ride event above. Do you have any feelings? Since you have invested so much time before, you can end the uncertain waiting and let yourself go home as soon as possible comfortably. However, what you and Tom are different is the previous payment. Therefore, it is easier for you to continue waiting because of the previous wait, rather than making a choice based on the actual situation.

Of course, I am also one of the "normal dummies. I made a business card some time ago, and I found a store nearby. The result is printed. The color on the back is spent in one piece. Obviously, there is a problem with the printing machine. The boss apologized again and again, saying that he could help me re-print it. Although he had doubts about the service, he agreed that he had printed it here. After waiting for two days, I went to the store and saw that the printing machine was broken. It would be good soon. I am not happy in my heart, but when I think of this step, I will wait. It will take a few days, so I will leave after a warning. Two days later, I went to ask again. The boss said that the repair was done, but it just broke down. My business card was only half printed. I was so angry that I could not wait. Finally, my business card was printed when I couldn't bear it. Although it still seems unsatisfactory, I don't want to spend any more time with them. In this way, I ended my "sunk cost" nightmare with a box of awkward business cards.

Every normal person has a "normal fool" side, while looking at Kai-Yuan's "don't be a normal fool", while checking the life of himself and the people around him, i'm so touched!

The previous stock fell sharply, and a friend couldn't help but finally made a clearance at a low point. Soon after he sold out, the stock market showed signs of recovery, and his friends regretted it. They immediately created a warehouse and bought back the original stock. I was wondering, why did he invest in the original stock? He said he was optimistic about these stocks, but he fell too fast ......

The loss often brings greater pain to people than happiness due to equivalent benefits. "Loss avoidance" makes my stockholders lose their rationality in the face of losses and give up their expected stocks. Although he worships Buffett, although he often talks about long-term investment, he still fails to maintain his own rationality in the face of losses.

There are too many stories in life. Sometimes life is such an investment decision. A college student does not like his major when he goes to school. He is under pressure when he is in employment. He has been talking about Job hopping since the day he went to work, but eight years have passed, and he is still suffering and complaining about the job. Whenever I ask why he doesn't leave, his reason is "it's been so long" and "it's so old "!

People always focus on direct losses, but often ignore their own opportunity costs. In fact, many opportunities have passed while waiting, and the passion of life is slowly exhausted. Let alone those unpleasant emotions.

It's the New Year, the new beginning. In the new year, are you planning to be a "normal fool" or a rational decision maker?

Of course, we also need to explain that our "normal" sensibility can also be used to make our lives better. For example, you can pay for fitness for one month at a time to promote your continuous exercise. And do you know how to keep your boyfriend around? That is, let him spend more money to buy you a variety of things. When he thinks that he has already invested so much in love, he will feel that breaking up is a very difficult task!