Curiosity@Intelsense
Weekly dose of learning
1.
Our gut microbiome may be affecting how we make decisions
Every day, we make many decisions that affect not just ourselves but also the people around us. Traditionally, researchers have focused on self-interest, social norms and cognitive processes to explain how we make decisions in social contexts. A new study suggests another piece of the puzzle may literally reside in our gut.
Since Ivan Pavlov famously observed that gastric and pancreatic secretions in dogs started with the anticipation of being fed, we have known that the gut and brain interact with each other in important ways. But until this study, we didn’t know that our gut bacteria can impact the gut-brain axis and, through the process, our decision-making behaviour.
Moreover, people are probably unaware that dietary supplements, which constitute a multi-billion-dollar industry, can change the composition of the gut microbiome and lead them to behave in unforeseen ways in social situations.
This study opens exciting possibilities for understanding the complex connection between our gut, brain and behaviour.
2.
Investment maturity needs experience
We all want fame and fortune, but the problem with instant success is you rarely have the power to keep what you haven’t earned. If you don’t have a firm foundation and understanding on how and why you received something, it’s really hard to keep it let alone duplicate it. Deep down we all know it’s not what we do randomly that will produce long-term returns; it’s what we do consistently. So the education begins to try to turn random luck into consistent skill
Unfortunately, investing’s greatest lessons can’t be taught in a book or in a classroom. They have to be experienced and often times the teacher is loss. Don’t get me wrong, you can learn a lot from books and from other people’s experiences, but they are no substitute for making your own experiences. 95% of successful investing is controlling your emotions when your money is on the line. This is why paper trading/investing is almost useless. You have to put your own money on the line.
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Thought of the Week
"We are what we repeatedly do. Excellence, then, is not an act, but a habit.” ~ Aristotle
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