RSA - Wait: The useful art of procrastination

The twenty-first century is hectic. We live our lives at break-neck speed. We make snap judgements and decisions, which often harm us more than they help.

Frank Partnoy, ex Wall Street high-flying derivative trader and self-confessed procrastinator, reveals the science behind our decision-making disasters and successes at work and at home, in matters of love, on the sports pitch, and in government. He argues that decisions of all kinds, whether ‘snap’ or long-term, benefit from being made at the last possible moment.

The art of knowing how long you can afford to delay before committing is at the heart of many a great decision, whether in a corporate takeover or a marriage proposal. Apologies are better received if they are not rushed; audiences listen more attentively if speakers pause first; people who can defer gratification are happier and more successful than those who must have everything now. Exploring decisions that must be made in a millisecond and those that take months and years, Partnoy demonstrates that the ability to wait is crucial to getting the right answer and that gut instincts are often wrong.

Join Frank Partnoy at the RSA as he shows how training our brains to wait can be genuinely life-changing.

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Possibly related…

  1. WHAT’S INSIDE AMERICA’S BANKS? By Frank Partnoy and Jesse Eisinger

    WHAT’S INSIDE AMERICA’S BANKS?

    Some four years after the 2008 financial crisis, public trust in banks is as low as ever. Sophisticated investors describe big banks as “black boxes” that may still be concealing enormous risks.

    By Frank Partnoy and Jesse Eisinger

    Copyright © 2013 by The Atlantic

    Read by David Erdody

    75 minutes

    —Huffduffed by jessewillis 2 months ago

  2. Computers and Procrastination

    "There seems to be something about computer technology and Internet connectivity that distracts us, that tempts us towards procrastination." This is the opening line of a paper co-authored by my guest today, Nick Breems. Nick is an assistant professor of Computer Science at Dordt College (Iowa) and a doctoral candidate in philosophy at the University of Salford (Manchester, England). In this podcast, Nick brings his focus to the intersection of philosophy and computer science in a discussion of computers and procrastination. It’s a wide-ranging and fascinating discussion. I enjoyed the chat immensely, and I think you’ll find it thought provoking. Nick provides a few concrete examples of things we can do to minimize procrastination while online or working on our computers.

    If you want to learn more about procrastination, visit procrastination.ca or The Procrastinator’s Digest: A Concise Guide to Solving the Procrastination Puzzle.

    I close the podcast with a song entitled "Procrastination" by Matt Weidinger.

    —Huffduffed by rabidmeerkat7 one month ago

  3. Creative Procrastination

    Everyone procrastinates. That’s a fact of life. But there are ways to use procrastination to your advantage so you can be productive.

    http://www.asianefficiency.com/motivation/creative-procrastination-audio/

    —Huffduffed by leeacker3 2 years ago