Discover and read the best of Twitter Threads about #rationalthinking

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Here are some key takeaways that can help you better understand your relationship with #money from "The Psychology of Money" by Morgan Housel @morganhousel #RichQUACK $QUACK #Psychologyofmoney

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1. Wealth is what you don’t see: Wealth is the assets you accumulate that nobody else can see. It’s the cars not purchased, the clothes not bought, and the vacations not taken. #ThePsychologyofMoney #Wealth #Savings $QUACK
2. Compounding is the most powerful force in finance: Time and patience are the most important ingredients of compound interest. Understanding the power of compound interest is essential for building long-term wealth. #CompoundInterest #WealthBuilding $QUACK
Read 15 tweets
I am trained in #developmental #psychology and #neuroscince. I have been screaming the #teenagebrain is #underreconstruction from the rooftops! Am totally ashamed of my peers who wilfully ignore this. #neuroplasticity #frontallobes #psychologists #gender #rogd #trans #detrans
The teenage brain is under reconstruction. The prefrontal cortex is not fully developed until minimum aged 25. A bit longer for males. The prefrontal cortex is largely responsible for: decision making, planning, organisation, focusing, impulsivity, aka executive functions
Managing emotions, predicting consequences of one’s choices and moderating social behaviour. This is #science #facts Anyone who says otherwise is brainwashed by #ideology Shame on any professional who ignores this #gender #trans #detrans #shame
Read 46 tweets

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