Comments on: Money tip number 189: stop trying so hard http://mindyourdecisions.com/blog/2008/09/24/money-tip-number-189-stop-trying-so-hard/ Articles on game theory and personal finance Sun, 20 May 2012 23:31:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: marathonrunner http://mindyourdecisions.com/blog/2008/09/24/money-tip-number-189-stop-trying-so-hard/comment-page-1/#comment-4570 marathonrunner Fri, 06 Feb 2009 17:41:11 +0000 http://mindyourdecisions.com/blog/?p=727#comment-4570 I think you make a great point. What is the point of trying so hard? I think it only makes sense to live in your means and to be happy! I think you make a great point. What is the point of trying so hard? I think it only makes sense to live in your means and to be happy!

]]> By: Presh Talwalkar http://mindyourdecisions.com/blog/2008/09/24/money-tip-number-189-stop-trying-so-hard/comment-page-1/#comment-2723 Presh Talwalkar Fri, 26 Sep 2008 05:58:01 +0000 http://mindyourdecisions.com/blog/?p=727#comment-2723 <b><em>Paul</b></em>: I think that's a great point about being "good enough" (80/20 thinking) and being "the best" (winning an Olympic gold-medal). I used to be very competitive and wanted to be the best, and that's what pushed me to get high graded even at Stanford where most classes were curved. Was it worth it? I still enjoyed my experience, but looking back, I'm not sure. I now see how so many happy people are "good enough" thinkers and how so many successful, but not necessarily happy, people are "the best." It seems heretical in a capitalist society not to urge people to be the best, but in many cases, it's not necessary! I guess this is one more evidence of how my articles are about unconventional side of personal finance :) Paul:
I think that’s a great point about being “good enough” (80/20 thinking) and being “the best” (winning an Olympic gold-medal). I used to be very competitive and wanted to be the best, and that’s what pushed me to get high graded even at Stanford where most classes were curved.

Was it worth it? I still enjoyed my experience, but looking back, I’m not sure. I now see how so many happy people are “good enough” thinkers and how so many successful, but not necessarily happy, people are “the best.”

It seems heretical in a capitalist society not to urge people to be the best, but in many cases, it’s not necessary! I guess this is one more evidence of how my articles are about unconventional side of personal finance :)

]]> By: Paul http://mindyourdecisions.com/blog/2008/09/24/money-tip-number-189-stop-trying-so-hard/comment-page-1/#comment-2715 Paul Thu, 25 Sep 2008 14:34:05 +0000 http://mindyourdecisions.com/blog/?p=727#comment-2715 this might be thought of in terms of 80/20 rule, or law of diminishing returns, or simply picking the low hanging fruit. But to argue the other way, we live in a winner take all society, where even marginal improvements (which often involve enormous investment) can leverage into incredible gains. The latter being a form of arms race. this might be thought of in terms of 80/20 rule, or law of diminishing returns, or simply picking the low hanging fruit. But to argue the other way, we live in a winner take all society, where even marginal improvements (which often involve enormous investment) can leverage into incredible gains. The latter being a form of arms race.

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