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Michael Pokrovski

adicionou um novo artigo Decision Making and Problem Solving
2026-07-01 20:04:07 -

How do I avoid impulsive spending?
The Architecture of the Immediate Impulse We like to believe that our financial life is the product of a series of deliberate, thoughtful, and utility-maximizing choices. We picture ourselves as the protagonist of a rational narrative, carefully weighing the marginal cost against the marginal benefit of every acquisition. It is a comforting, professionalizing fiction. It speaks to our desire...

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Michael Pokrovski

adicionou um novo artigo Decision Making and Problem Solving
2026-07-01 19:46:43 -

How do I make better financial decisions?
The Architecture of the Speculative Self We approach financial decision-making with an air of sophisticated calculation. We peer at the charts, we dissect the quarterly reports, we weigh the projections, and we convince ourselves that we are engaging in a rigorous, objective analysis of value. We believe that if we have enough information, the "right" choice will manifest as a mathematical...

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