Consider the Longevity of the Knowledge You Consume

While most of us focus on consuming information that we won’t care about next month, let alone next year, Buffett focused on knowledge and companies that change very, very slowly or not at all. And because the information he was learning changed slowly he could compound his knowledge over time. And as Schroeder notes, Buffett has been in business for a long time, giving him incredible opportunities to create a cumulative base of knowledge. Expiring information is sexy but it’s not knowle...

 Probability is Truth-Resembling

The study of mathematical uncertainty is called probability. According to Richard Epstein, "The word 'probability' stems from the Latin probabilis, meaning 'truth-resembling'; thus the word itself literally invites semantic misinterpretation." [1]What Epstein means by "semantic misinterpretation" is that if something is "truthresembling," then it isn't actually truthful; at the same time, the truth is exactly what the something does resemble.

 How the Internet's Consensus of Information Undermines Au...

Heretofore, the technological advance that most altered the course of modern history was the invention of the printing press in the 15th century, which allowed the search for empirical knowledge to supplant liturgical doctrine, and the Age of Reason to gradually supersede the Age of Religion. Individual insight and scientific knowledge replaced faith as the principal criterion of human consciousness. Information was stored and systematized in expanding libraries. The Age of Reason originated ...

 Get Away from the Metaphorical Understanding of Meaning

Propositions are supposed to be idealizations, rather like numbers or vectors or some other abstract formulation. It looks at first very powerful, and for some purposes it’s very useful. But it takes you away from enlightenment because it gives you this false sense that you haven’t understood something really until you’ve figured out how to articulate, how to point to, how to identify the proposition that a particular meaningful event has. No. There are all kinds of meaningful events th...

 Reading Fiction is to Temporarily Believe Nonsense

The weather bureau will tell you what next Tuesday will be like, and the Rand Corporation will tell you what the twenty-first century will be like. I don't recommend that you turn to the writers of fiction for such information. It's none of their business. All they're trying to do is tell you what they're like, and what you're like—what's going on—what the weather is now, today, this moment, the rain, the sunlight, look! Open your eyes; listen, listen. That is what the novelists say. But ...

 Myths About Learning Quiz

True or false: When it comes to learning, metacognition (e.g., thinking about thinking) can be just as important as intelligence. RIGHT! True Research on growth mindset by Carol Dweck and others shows that people’s beliefs about the nature of intelligence affect their level of effort and in turn their performance. False What is the best way to learn from some text? Read and reread the text. RIGHT! Explain key ideas of the text to yourself while reading. Restating the text in...

 Studies on Secular Parenting

The results of such secular child-rearing are encouraging. Studies have found that secular teenagers are far less likely to care what the “cool kids” think, or express a need to fit in with them, than their religious peers. When these teens mature into “godless” adults, they exhibit less racism than their religious counterparts, according to a 2010 Duke University study. Many psychological studies show that secular grownups tend to be less vengeful, less nationalistic, less militarist...