November 29, 2023

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 mins

The Scarcity Paradox, Building Patience & More

At a glance


Good Morning. Welcome to all the new readers of Faster Than Normal who have joined us since last week!

Here’s what we’ll cover today:

Mental Model: The Scarcity Paradox.

Insight: Building Patience.

Quote: Quality of Decisions.

Question: Balanced Living.

Visual: Where Will The Next 1000 Babies Be Born?

Cheers,
Alex


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| Mental Model

The Scarcity Paradox

The more available something is, the less we want it.

What’s scarce is deemed valuable, what’s abundant is deemed worthless.

In reality, utility doesn’t always follow scarcity.

Abundant pleasures can be our most valuable pleasures—and vice versa.


| Insight

Patience is a skill that can be developed.

Challenge: Reflect on a recent situation where you struggled with impatience. Write about how you could have approached it with more patience.

Example: Waiting in line, dealing with difficult people, or learning a new skill.


| Quote

Zat Rana, writer and thinker, on the art of decision-making:

"In the end, what matters is not the number of choices you make, but the quality of the decisions you ultimately commit to.”


| Question

How can I create more balance between my personal and professional life?


A Visual I Enjoyed

Have a wonderful Wednesday, all.

Until next time,

Alex


| P.S. — My Weekly Picks


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