counterarguments: * free financing is only offered when the real interest rate is pretty close to 0 anyway * cognitive overhead of staying on top of payments costs more than the interest * miss payment -> penalties - classic case of "picking up pennies ahead of a steamroller"https://twitter.com/sonyasupposedly/status/1168620369638375424 …
-
Show this thread
-
2/ And a final argument against it: we are what we train ourselves to be There is a case to never borrow money to reenforce the strength of the Chesteron Fence / Schelling point. Create the image of being debt free as an investment for later!
2 replies 0 retweets 10 likesShow this thread -
ⓘ Dogs don't have thumbs Retweeted 🎀 sonya supposedly 🤖
3/ I disagree, surprisingly! well, not absolutely, but generally. That's retarded, Morlock, how can you disagree that "individual circumstances trump general advice?"https://twitter.com/sonyasupposedly/status/1168622994463195136 …
ⓘ Dogs don't have thumbs added,
🎀 sonya supposedly 🤖 @sonyasupposedlyrule of thumb: heuristics should be discarded when modeling the specifics of your situation has better predictive power (almost always) heuristics are properly used as a guide for intuition, sort of a path-finding sense that indicates where to start hacking vines w/ your machete https://twitter.com/sonyasupposedly/status/1168622142650322944 …Show this thread1 reply 0 retweets 5 likesShow this thread -
4/ Well, OK, I don't absolutely disagree. I mean, I'm going to retain the right to make my own decisions overriding heuristics, at least much of the time BUT reason why is that we all have cognitive biases and are prone to exaggerate to ourselves how much we depart from norms
1 reply 1 retweet 10 likesShow this thread -
5/ Every single heroin addict saw a general rule that said "heroin is bad, you'll get addicted" and thought "yeah, but that's the GENERAL case, man - I'm not like that". So when you're tempted to override general advice with your specific circumstances, realize that you're >>
2 replies 1 retweet 10 likesShow this thread -
6/ already biasing every piece of data that you have hard to one direction. ...so I suppose my fully nuanced position is that you have to ride herd on yourself, expect irrational exuberance, and correct for it.
1 reply 0 retweets 9 likesShow this thread
ⓘ Dogs don't have thumbs Retweeted 🎀 sonya supposedly 🤖
7/ Sonya, your brain lied to about the fact that brains lying to you is obvious! (Brains are the sneakiest mofos ever)https://twitter.com/sonyasupposedly/status/1168624740468060160 …
ⓘ Dogs don't have thumbs added,
-
-
ⓘ Dogs don't have thumbs Retweeted 🎀 sonya supposedly 🤖
8/ My socialcon position is "people are bad at handling all sorts of things, and lucky us, we have ~6,000 yrs of evolved cultural norms based on thousands of scenarios and billions of lives, and to discard this for the computations of a lone 20yo is bad"https://twitter.com/sonyasupposedly/status/1168624967585386496 …
ⓘ Dogs don't have thumbs added,
1 reply 3 retweets 15 likesShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.