"No! Try not. Do. Or do not. There is no try." — Master Yoda
Hello and happy Star Wars Day! It's not every year that The 4 Minute Read and May the 4th fall on the same day, so I've got a special summary for the occasion. We'll also look at one of the most important upgrade-your-brain-books from a late Nobel Prize winner and our latest video for Scott Galloway's brand-new personal finance bestseller! Plus, the very best quotes from Master Yoda. Let's go!
On March 27th, so just over a month ago, Daniel Kahneman passed away at 90 years old. He probably wouldn't have thought it to be a big deal. "Nothing in life is as important as you think it is, while you are thinking about it," he wrote in Thinking Fast and Slow, his most famous work partially inspired by the research he did that won him a Nobel Prize in Economics in 2002. In the book, Kahneman explains that there are 2 systems in our mind, fighting at all times for who gets to have a say. If we learn to tame and control them, we can think much better, make stronger decisions, and not fall into common reasoning traps. The book is an absolute must-read for anyone who wants to up their brain power, and if you haven't heard about the famous "baseball-and-a-bat" example, then you should read our summary today. If you want to improve your thinking and make better decisions, read this summary.
"Wealth is a means to an end: economic security," Scott Galloway says. But when he rephrases the idea, he really hits it on the head, I think: "Put another way, wealth is the absence of economic anxiety. Freed of the pressure to earn, we can choose how we live."
This is such a great way to describe it, I think. Economic anxiety. That's what I feel when I'm worried about how I'll pay my bills, about how much time I can dedicate to my art & passions (writing & Pokémon cards), about how I'll be able to afford owning a home and starting a family.
Today, Galloway is a successful college professor and entrepreneur, but as a child, he was intimately familiar with economic anxiety. "After my folks separated, economic stress turned to economic anxiety. Anxiety gnawed at my mom and me, whispering in our ears that we weren't valid, that we'd failed."
One winter, he lost 2 new jackets in a row, and his mom just started crying. Scott was devastated. Now that he's made it into a better future, he shares everything he has learned about achieving economic security in The Algebra of Wealth.
Who better to learn from on Star Wars Day than Master Yoda, oldest of the Jedi, grandest of the warriors, and teacher to all?
A while ago, I put together The 30 Best & Most Popular Quotes From Master Yoda. I also included a little backstory on our green little friend as well as some reasoning on what and why we can and should learn from him.
If nothing else, I suggest you browse the cool quote pictures I made just for the post, find one that inspires you or provides just the right perspective shift at the right time, and then continue with your day.
Happy Star Wars Day, and May the 4th be with you, of course!
Cass Sunstein is a famous lawyer, researcher, and behavioral economist. He even once published a book together with Daniel Kahneman, and his work also helps us think better and avoid mental biases. He is also, however, a huge Star Wars nerd and fan. In The World According to Star Wars, he enlightens us with the many lessons we can learn from this beautiful story and series that has inspired and comforted millions for more than 50 years. From what makes creative work succeed to how to be a good parent to what Star Wars' ultimate lessons are, if you want a great all-around book full of inspiring ideas, read this summary.
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