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Saurav Risbud
Saurav Risbud

246 Followers

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Aug 30

Goodhart’s Law

The power of incentives — Goodhart’s Law states: When a measure becomes a target, it ceases to be a good measure In other words, if you choose a measure to reward performance, you will incentivise people to manipulate that measure. This ends up reducing the effectiveness of the overall system. There are countless examples of…

Incentives

3 min read

Goodhart’s Law
Goodhart’s Law
Incentives

3 min read


Aug 23

Galileo’s Principle

When the cure is worse than the disease — Galileo Galilei is famous for sparking the birth of modern astronomy. But his final work opens with a slightly more mundane topic — how to store a stone column on a building site. A seemingly logical way to do this is to store it flat, propped up by a support…

Science

4 min read

Galileo’s Principle
Galileo’s Principle
Science

4 min read


May 7

The Swimmer’s Body Illusion

The dangers of confusing cause and effect — The swimmer’s body illusion is a cognitive bias that makes us confuse results and selection factors. In other words, we often think that certain results are caused by certain activities, when in fact, people only take part in certain activities because they already have some or all of the results. A few examples: …

Psychology

2 min read

The Swimmer’s Body Illusion
The Swimmer’s Body Illusion
Psychology

2 min read


May 1

Discipline = freedom

5 lessons from Ryan Holiday’s latest book — Ryan Holiday has carved out a niche as a modern philosopher, combining his deep understanding of Stoicism with insights into contemporary society and culture. I recently picked up his latest book Discipline is Destiny, which explores the power of temperance, through the stories of historical figures like Ernest Shackleton, Martha…

Books

3 min read

Discipline = freedom
Discipline = freedom
Books

3 min read


Apr 15

The peak-end rule

How humans make memories — The peak-end rule is a psychological heuristic (shortcut) that explains how we remember past experiences. It observes that our memories are snapshots, not a sum or average of our experiences. These snapshots are dominated by two things: The highlights of an experience The end of an experience Some evidence The peak-end rule…

Psychology

2 min read

The peak-end rule
The peak-end rule
Psychology

2 min read


Apr 14

The region-beta paradox

The dangers of being comfortably complacent — There is a concept in psychology called the region-beta paradox. It describes how worse situations can actually end up being better for you. It was coined by Daniel Gilbert in a 2004 paper called The Peculiar Longevity of Things Not So Bad, referencing a person commuting to work. The person…

Psychology

2 min read

The region-beta paradox
The region-beta paradox
Psychology

2 min read


Apr 10

Cosmic Insignificance Therapy

How our insignificance gives life meaning — Imagine if every event since the beginning of time (roughly 14 billion years ago) was compressed into one year. On this cosmic calendar, the Big Bang occurred at 12:00:00 am on January 1. The Milky Way galaxy formed on March 16. Our solar system took shape on September 2 and…

Life

3 min read

Cosmic Insignificance Therapy
Cosmic Insignificance Therapy
Life

3 min read


Apr 2

The happiness matrix

The power of our expectations — Happiness is not an objective reality, but a function of our expectations. One way to think about this is a 2x2 matrix. On the horizontal axis is what we have and on the vertical axis is what we want. The issue is that our wants are not static. They increase…

Happiness

2 min read

The happiness matrix
The happiness matrix
Happiness

2 min read


Mar 29

The Lindy Effect

Why good ideas age like Benjamin Button — The Lindy Effect states: the longer something lasts, the longer it can be expected to last. This idea was popularised by Nassim Taleb in his book Antifragile: “If a book has been in print for forty years, I can expect it to be in print for another forty years. But…if…

Books

2 min read

The Lindy Effect
The Lindy Effect
Books

2 min read


Jan 5

7 early learnings from management consulting

Reflecting on what has worked and what hasn’t — I started working as a graduate at Bain and Company in March 2022. These are 7 key learnings after my first 10 months. Attitude is everything Take an “answer-first” approach Be brief and structured in your communication View feedback as a gift Be reliable Zoom out frequently Comparison is the…

Careers

5 min read

7 early learnings from management consulting
7 early learnings from management consulting
Careers

5 min read

Saurav Risbud

Saurav Risbud

246 Followers

Trying to write down my thoughts. Support my writing by signing up to Medium: https://sauravrisbud11.medium.com/membership (I will get a portion of your fee)

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