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...

 Emotional Contagions in Social Networks

These results highlight several features of emotional contagion. First, because News Feed content is not “directed” toward anyone, contagion could not be just the result of some specific interaction with a happy or sad partner. Although prior research examined whether an emotion can be contracted via a direct interaction (1, 7), we show that simply failing to “overhear” a friend’s emotional expression via Facebook is enough to buffer one from its effects. Second, although nonverbal ...

 Focus on Producing Information, Not Consuming

The production of information is critical to a healthy information diet. It's the thing that makes it so that your information consumption has purpose. I cannot think of more important advice to give anyone: start your day with a producer mindset, not a consumer mindset. If you begin your day checking the news, checking your email, and checking your notifications, you've launched yourself into a day of grazing a mindless consumption. [...] But there's something else that being a producer do...

 Our Life is What We Pay Attention To

When our attention is lured, herded, and commandeered in such a way, our full human potential is profoundly subverted. “Our life experience,” William James once said, “will equal what we have paid attention to, whether by choice or default.” We become what we attend to — nothing more, nothing less. A steady and exclusive stream of reality TV, entertainment gossip, social media chatter, and “breaking news” about the latest celebrity scandal or Trump’s most recent tweets — all...

 Inversion of Information and Attention

What’s happened is, really rapidly, we’ve undergone this tectonic shift, this inversion between information and attention. Most of the systems that we have in society—whether it’s news, advertising, even our legal systems—still assume an environment of information scarcity. The First Amendment protects freedom of speech, but it doesn’t necessarily protect freedom of attention. There wasn’t really anything obstructing people’s attention at the time it was written. Back in an in...

 You were never actually accomplishing anything by watchin...

If you ask someone what they accomplish by watching the news, you’ll hear vague notions like, “It’s our civic duty to stay informed!” or “I need to know what’s going on in the world,” or “We can’t just ignore these issues,” none of which answer the question. “Being informed” sounds like an accomplishment, but it implies that any information will do. You can become informed by reading a bus schedule. A month after you’ve quit the news, it’s hard to name anything u...

 Most current-events-related conversations are just people...

“Because it helps you participate in everyday conversations!” is a weak but at least meaningful answer to the “What is accomplished” question. But when you quit playing the current events game, and observe others talking about them, you might notice that almost nobody really knows what they’re talking about. There is an extraordinary gulf between having a functional understanding of an issue, and the cursory glance you get from the news. If you ever come across a water-cooler conve...

 Reasons to Give Up News

News misleads. News leads us to walk around with the completely wrong risk map in our heads. So terrorism is over-rated. Chronic stress is under-rated. The collapse of Lehman Brothers is overrated. Fiscal irresponsibility is under-rated. Astronauts are over-rated. Nurses are under-rated. News is irrelevant. Out of the approximately 10,000 news stories you have read in the last 12 months, name one that – because you consumed it – allowed you to make a better decision about a serious matter...

 énouement

n. the bittersweetness of having arrived here in the future, where you can finally get the answers to how things turn out in the real world—who your baby sister would become, what your friends would end up doing, where your choices would lead you, exactly when you’d lose the people you took for granted—which is priceless intel that you instinctively want to share with anybody who hadn’t already made the journey, as if there was some part of you who had volunteered to stay behind, who ...

 Journal Papers Don't Trigger Revolutions

It appears that the extremely important papers that trigger a revolution may not receive a proportionately large number of citations. The normal procedures of referencing are not used for folklore. A real scientific revolution, like any other revolution, is news. The Origin of Species sold out as fast as it could be printed and was denounced from the pulpit almost immediately. Sea-floor spreading has been explained, perhaps not well, in leading newspapers, magazines, books, and most recently ...