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Activity

Average numbers for the latest posts (max. 50 posts, posted within the last 4 weeks)

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Top posts in the last 50 posts

Most comments: 1

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2015-08-27 05:00:14 (1 comments, 1 reshares, 1 +1s)Open 

#Quote: "What day is it?"
"It's today," squeaked Piglet.
"My favorite day," said Pooh.
~ A.A. Milne

Most reshares: 1

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2015-08-27 05:03:53 (0 comments, 1 reshares, 3 +1s)Open 

Most plusones: 3

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2015-08-27 05:03:53 (0 comments, 1 reshares, 3 +1s)Open 

Latest 50 posts

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2015-08-28 13:22:02 (0 comments, 0 reshares, 2 +1s)Open 

You have an inheritance waiting for you which can't be taken from you. You are kept by the POWER OF GOD who is committed to see you through. And all that remains for you to do is BELIEVE! 

You have an inheritance waiting for you which can't be taken from you. You are kept by the POWER OF GOD who is committed to see you through. And all that remains for you to do is BELIEVE! ___

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2015-08-28 05:18:52 (0 comments, 0 reshares, 0 +1s)Open 

#Quote: To stop dreaming - well, that’s like saying you can never change your fate. 
~ Amy Tan

#Quote: To stop dreaming - well, that’s like saying you can never change your fate. 
~ Amy Tan___

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2015-08-28 05:18:24 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-28 05:17:48 (0 comments, 0 reshares, 0 +1s)Open 

Time...

Time...___

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2015-08-28 05:16:58 (0 comments, 0 reshares, 0 +1s)Open 

18 Cognitive Biases And How To Get Beyond Them-Part 4
“The task is…not so much to see what no one has yet seen; but to think what nobody has yet thought, about that which everybody sees.” ― Erwin Schrödinger

#10. The Endowment Effect
“Impossibility only lasts until you find new unbelievable hard evidences.” ― Toba Beta

The endowment effect or bias happens when you demand a lot more value to give up what you own. Your value of giving up something in comparison to your willingness to pay for it is out of proportion.
In other words, we demand more than we would be willing to pay for something because we own it. 
 
A research article titled “The Endowment Effect, Loss Aversion, and Status Quo Bias” by  Kahneman, Knetsch, and Thaler explains this bias (Journal of Economic Perspectives, 1991). 

The authors describe thebias by giving the exa... more »

18 Cognitive Biases And How To Get Beyond Them-Part 4
“The task is…not so much to see what no one has yet seen; but to think what nobody has yet thought, about that which everybody sees.” ― Erwin Schrödinger

#10. The Endowment Effect
“Impossibility only lasts until you find new unbelievable hard evidences.” ― Toba Beta

The endowment effect or bias happens when you demand a lot more value to give up what you own. Your value of giving up something in comparison to your willingness to pay for it is out of proportion.
In other words, we demand more than we would be willing to pay for something because we own it. 
 
A research article titled “The Endowment Effect, Loss Aversion, and Status Quo Bias” by  Kahneman, Knetsch, and Thaler explains this bias (Journal of Economic Perspectives, 1991). 

The authors describe the bias by giving the example of a wine-loving economist friend. The economist purchased some high-quality Bordeaux wines at $10 a bottle, a low price point. Soon thereafter, the wines increased in value to $200 a bottle at an auction. 

The interesting point about this example is that the economist would occasionally taste his own wines. But he refused to sell his wines at the auction price. He was also not willing to buy more wines at the auction price either. 

In 1980, Thaler called this bias “the endowment effect.”
This effect was also called “the status quo bias” by Samuelson and Zeckhauser in 1988.

Let us look at economist example above. The bias places the economist in a state of status quo or a preference for the current state. This preference makes him unwilling to either buy or sell the wine. 

The authors also point out that as described by Kahneman and Tversky (1984), this bias is a possible manifestation of loss aversion.
This state of aversion to loss happens when the value of getting an object is less than the disutility of letting it go. 

We find it hard to sell something because we perceive a greater value in the object than what it may be worth. 

What can we do about this bias?
Read more at: http://launchyourgenius.com/2015/08/27/cognitive-bias-part-4/___

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2015-08-28 05:16:45 (0 comments, 0 reshares, 0 +1s)Open 

266 years ago, on 28th of August 1749, Johann Wolfgang von Goethe was born in Frankfurt, Germany.

Dream no small dreams for they have no power to move the hearts of men.
– Johann Wolfgang von Goethe
http://quotemirror.com/s/5s9b6
#dream #heart

266 years ago, on 28th of August 1749, Johann Wolfgang von Goethe was born in Frankfurt, Germany.

Dream no small dreams for they have no power to move the hearts of men.
– Johann Wolfgang von Goethe
http://quotemirror.com/s/5s9b6
#dream #heart___

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2015-08-28 05:16:34 (0 comments, 0 reshares, 0 +1s)Open 

It's all a matter of perspective.

"We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.” ~Abraham Lincoln 

It's all a matter of perspective.

"We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.” ~Abraham Lincoln ___

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2015-08-28 05:16:17 (0 comments, 0 reshares, 0 +1s)Open 

Don't let a bad day make you feel like you have a bad life.

Don't let a bad day make you feel like you have a bad life.___

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2015-08-28 05:15:42 (0 comments, 0 reshares, 0 +1s)Open 

Just don't give up. Have a good night sleep... #nevergiveup #motivation #RadiantLiving

Just don't give up. Have a good night sleep... #nevergiveup #motivation #RadiantLiving___

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2015-08-28 05:14:50 (0 comments, 0 reshares, 0 +1s)Open 

So true!

"Success is finding satisfaction in giving a little more than you take."  ~ Christopher Reeve

#quote   #quoteoftheday   #quotestoliveby   #quotesoftheday   #quotesandsayings   #quotesandinspiration   #inspirationalquote   #inspirationalwords   #wordsofwisdom   #wordstoliveby   #motivationalquotes   #successquotes  

So true!

"Success is finding satisfaction in giving a little more than you take."  ~ Christopher Reeve

#quote   #quoteoftheday   #quotestoliveby   #quotesoftheday   #quotesandsayings   #quotesandinspiration   #inspirationalquote   #inspirationalwords   #wordsofwisdom   #wordstoliveby   #motivationalquotes   #successquotes  ___

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2015-08-28 05:14:08 (0 comments, 0 reshares, 0 +1s)Open 

“Your Light Is All There Is”
Embrace your darkness so that your light may become the living universal light.

Join the ‪#‎Free‬‬‬ 30-day Empowerment Challenge at http://healthruwords.com/

#healthruwords #inspirational #healing #quote #quotes #quoteoftheday #selflove #love #spiritual

http://healthruwords.com/inspirational-pictures/your-light-is-all-there-is/ 

“Tu luz es todo lo que es”
Acoge tu oscuridad para que tu luz se pueda convertir en la luz viviente universal.

“Your Light Is All There Is”
Embrace your darkness so that your light may become the living universal light.

Join the ‪#‎Free‬‬‬ 30-day Empowerment Challenge at http://healthruwords.com/

#healthruwords #inspirational #healing #quote #quotes #quoteoftheday #selflove #love #spiritual

http://healthruwords.com/inspirational-pictures/your-light-is-all-there-is/ 

“Tu luz es todo lo que es”
Acoge tu oscuridad para que tu luz se pueda convertir en la luz viviente universal.___

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2015-08-28 05:13:59 (0 comments, 0 reshares, 0 +1s)Open 

A positive mind will give you a positive life. :)

A positive mind will give you a positive life. :)___

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2015-08-28 05:11:14 (0 comments, 0 reshares, 0 +1s)Open 

Inspire Others...

Inspire Others...___

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2015-08-28 04:58:41 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 12:07:10 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 12:06:15 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 10:47:10 (0 comments, 0 reshares, 1 +1s)Open 

In Just 3 Years All Dutch Trains Will Run On #Wind Power

http://buff.ly/1EhTID8 #climate #tech #transportation #wow

In Just 3 Years All Dutch Trains Will Run On #Wind Power

http://buff.ly/1EhTID8 #climate #tech #transportation #wow___

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2015-08-27 08:00:35 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 07:59:21 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 05:47:41 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 05:46:19 (0 comments, 0 reshares, 0 +1s)Open 

How much can you save with solar panels? Just ask Google. "After creating a 3D model of your roof, the service estimates how much sun will hit those solar panels during the year and how much money the panels could save you over the next two decades."

"In analyzing satellite images of your home, Google uses 'deep learning' neural networks to separate your roof from the surrounding trees and shadows." "Project Sunroof also simulates the shadows that typically cover your home on any given day (see animation above), and it tracks local weather patterns."

How much can you save with solar panels? Just ask Google. "After creating a 3D model of your roof, the service estimates how much sun will hit those solar panels during the year and how much money the panels could save you over the next two decades."

"In analyzing satellite images of your home, Google uses 'deep learning' neural networks to separate your roof from the surrounding trees and shadows." "Project Sunroof also simulates the shadows that typically cover your home on any given day (see animation above), and it tracks local weather patterns."___

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2015-08-27 05:44:06 (0 comments, 0 reshares, 0 +1s)Open 

Solar Panels to charge your car. www.solarshop.co.uk

Solar Panels to charge your car. www.solarshop.co.uk___

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2015-08-27 05:43:48 (0 comments, 0 reshares, 0 +1s)Open 

Project Sunroof helps you stick your #solar panels where the sun shines.

Project Sunroof helps you stick your #solar panels where the sun shines.___

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2015-08-27 05:42:52 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 05:41:40 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 05:19:42 (0 comments, 0 reshares, 1 +1s)Open 

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2015-08-27 05:16:53 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 05:04:30 (0 comments, 0 reshares, 1 +1s)Open 

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2015-08-27 05:03:53 (0 comments, 1 reshares, 3 +1s)Open 

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2015-08-27 05:02:42 (0 comments, 0 reshares, 0 +1s)Open 

The power of positive thinking shines light where others see only darkness.

#staypositive   #moveforward   #dontgiveup

The power of positive thinking shines light where others see only darkness.

#staypositive   #moveforward   #dontgiveup___

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2015-08-27 05:02:13 (0 comments, 0 reshares, 0 +1s)Open 

Always, always.

Always, always.___

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2015-08-27 05:02:08 (0 comments, 1 reshares, 1 +1s)Open 

Follow Us For More :)

Follow Us For More :)___

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2015-08-27 05:01:42 (0 comments, 1 reshares, 1 +1s)Open 

Happiness is when what you think, what you say, and what you do are in harmony.
– Mahatma Gandhi
http://quotemirror.com/s/bv6op
#happiness #harmony

Happiness is when what you think, what you say, and what you do are in harmony.
– Mahatma Gandhi
http://quotemirror.com/s/bv6op
#happiness #harmony___

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2015-08-27 05:01:34 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 05:01:25 (0 comments, 0 reshares, 0 +1s)Open 

We didn't come here to stress, worry about money, live in fear, get old and die.

I know there's more to life and the older I get, the more I search for that deeper meaning! We each came with our own individual purposes that defy boundaries, fears, expectations and all the materialistic shit.

Let's not get older and look back with regret, WISHING we took that chance. Let's not let fears tell us how we should live, let's not let expectations limit our possibilities and let's not hold back from getting what we came here to get.

There's more to each of us. Now is the time to discover that and take the leap.

#inspirational #motivation #personalgrowth #motivational #quoteoftheday

We didn't come here to stress, worry about money, live in fear, get old and die.

I know there's more to life and the older I get, the more I search for that deeper meaning! We each came with our own individual purposes that defy boundaries, fears, expectations and all the materialistic shit.

Let's not get older and look back with regret, WISHING we took that chance. Let's not let fears tell us how we should live, let's not let expectations limit our possibilities and let's not hold back from getting what we came here to get.

There's more to each of us. Now is the time to discover that and take the leap.

#inspirational #motivation #personalgrowth #motivational #quoteoftheday___

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2015-08-27 05:00:14 (1 comments, 1 reshares, 1 +1s)Open 

#Quote: "What day is it?"
"It's today," squeaked Piglet.
"My favorite day," said Pooh.
~ A.A. Milne

#Quote: "What day is it?"
"It's today," squeaked Piglet.
"My favorite day," said Pooh.
~ A.A. Milne___

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2015-08-27 04:59:58 (0 comments, 0 reshares, 0 +1s)Open 

...

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2015-08-27 04:59:41 (0 comments, 0 reshares, 0 +1s)Open 

Say thank you in advance.
Get fresh ‪#‎Truthbombs‬ on your phone, plus access to 300+ choice t'bombs. Just search Truthbomb in the iOS http://bit.ly/TBombAppforiOS and Android http://bit.ly/TBombapp stores to download The ‪#‎Truthbomb‬ App. Easy breezy. Truth.
You can also get #Truthbombs sent straight to your inbox, daily. Get some: http://bit.ly/truthbombs

Say thank you in advance.
Get fresh ‪#‎Truthbombs‬ on your phone, plus access to 300+ choice t'bombs. Just search Truthbomb in the iOS http://bit.ly/TBombAppforiOS and Android http://bit.ly/TBombapp stores to download The ‪#‎Truthbomb‬ App. Easy breezy. Truth.
You can also get #Truthbombs sent straight to your inbox, daily. Get some: http://bit.ly/truthbombs___

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2015-08-27 04:59:31 (0 comments, 0 reshares, 0 +1s)Open 

Life is not a problem to be solved, but a reality to be experienced.
– Soren Kierkegaard
http://quotemirror.com/s/qsrnu
#experience #life

Life is not a problem to be solved, but a reality to be experienced.
– Soren Kierkegaard
http://quotemirror.com/s/qsrnu
#experience #life___

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2015-08-27 04:59:20 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-27 04:38:49 (0 comments, 0 reshares, 0 +1s)Open 

To Inspire is INCREDIBLE

To Inspire is INCREDIBLE___

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2015-08-27 04:37:56 (0 comments, 0 reshares, 0 +1s)Open 

The world would be better off if women were properly worshipped.
Your inbox wants #Truthbombs. Get some: http://bit.ly/truthbombs
The whole #Truthbomb collection lives on Pinterest http://pinterest.com/daniellelaporte/truthbombs/

The world would be better off if women were properly worshipped.
Your inbox wants #Truthbombs. Get some: http://bit.ly/truthbombs
The whole #Truthbomb collection lives on Pinterest http://pinterest.com/daniellelaporte/truthbombs/___

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2015-08-26 09:43:48 (0 comments, 0 reshares, 2 +1s)Open 

#coffee  

#coffee  ___

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2015-08-26 09:42:30 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-26 09:42:16 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-26 09:42:00 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-26 09:41:44 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-26 09:41:25 (0 comments, 0 reshares, 0 +1s)Open 

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2015-08-26 05:35:21 (0 comments, 0 reshares, 0 +1s)Open 

#happiness  

#happiness  ___

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2015-08-26 05:33:58 (0 comments, 0 reshares, 0 +1s)Open 

A kind gesture doesn't cost a thing, but will reap the biggest reward. ☺

A kind gesture doesn't cost a thing, but will reap the biggest reward. ☺___

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