 |
Because the subjective value of a commodity is relative, it shifts and changes depending on what we compare the commodity to.
|
139 |
 |
…a high-value idea or emotion is as compelling as a flash of lightning or a volley of thunder, and it biases the competition for your attention so thoroughly that everything else fades into the background.
|
031 |
 |
When you realize that the most important learning can happen anywhere and at any time, it encourages you to value whatever you are doing and to always be open to unexpected discoveries.
|
113 |
 |
If people do not perceive that they and their work are valued by a trustworthy organization, if they derive no pride or happiness from their work, they will have little drive to dig into a project.
|
025 |
 |
Beyond their value to contribute to organizational performance, people have value as human beings.
|
041 |
 |
Relative valuations are stable and coherent, while actual dollar amounts can be wildly arbitrary.
|
009 |
 |
When estimating monetary values, people are easily swayed by the ledgermain of anchoring, by illusions trading on contrasts and the power of suggestion.
|
045 |
 |
In the absence of market values, selling prices are typically twice as much as buying prices (above and beyond any strategic exaggeration for the sake of bargaining).
|
066 |
 |
…the unspoken truth is, all we know are relative valuations. We are ratio wise and price foolish.
|
139 |
 |
You can’t regret spending your money on something free because you didn’t spend any money. By overvaluing certainty, we overvalue anything that’s free.
|
193 |
