Medical eBooks | Medical Psychology

Wait

by Alison Stine

2020-09-01 06:25:15

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Warren Buffett compares stock trading to great athletes: they excel not because of fast neurological responses, but because of their ability to delay as long as possible before reacting. Successful CEOs, fire fighters, and military officers all know ... Read more
Warren Buffett compares stock trading to great athletes: they excel not because of fast neurological responses, but because of their ability to delay as long as possible before reacting. Successful CEOs, fire fighters, and military officers all know how to manage delay to gather as much information as possible to get the results they need. In Wait, Frank Partnoy argues that decisions of all kinds, whether 'snap' or long-term, benefit from being made at the last possible moment. The art of knowing how long you can afford to delay before committing is at the heart of many a great decision, whether in a corporate takeover or a marriage proposal. Apologies are better received if they are not rushed and people who can defer gratification are happier and more successful than those who must have everything now. Partnoy demonstrates that the ability to wait is crucial to getting the right answer and that gut instincts are often wrong. Less

Book Details

File size9 X 6 X 0.5 in
Print pages88
PublisherUniversity of Wisconsin Press
Publication date March 10, 2011
LanguageEnglish
ISBN9781847658180
autor-image
Alison Stine
Author
Alison Stine grew up in rural Ohio and now lives in Colorado. Her first novel Road Out of Winter won the 2021 Philip K. Dick Award. Recipient of grants from the National Endowment for the Arts and Nat...

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