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1. Don Romano (alt) (thor@noagendasocial.com)'s status on Thursday, 02-May-2019 07:39:09 EDT Don Romano (alt)

   "When an option is chosen from two mutually exclusive alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the alternative choice."

   For example, if you have the choice between sitting on your ass for an hour and making $50 for an hour of work, you should only choose sitting on your ass if you'd be willing to pay $50 for the privilege.

   I know this, but I don't live by it, and I really should.

   1. Don Romano (alt) (thor@noagendasocial.com)'s status on Thursday, 02-May-2019 07:41:25 EDT Don Romano (alt)

      in reply to

      In other words, if you have an opportunity to make $50 for an hour of work, that's not an opportunity. That's something you have to do to avoid losing $50.

      1. Don Romano (alt) (thor@noagendasocial.com)'s status on Thursday, 02-May-2019 07:49:01 EDT Don Romano (alt)

         in reply to

         Knowing myself, I often *am* willing to pay a good chunk of money for convenience. I'll occasionally ride a taxi instead of walking up a long hill if I'm feeling tired, for example, and taxi rides don't come cheap here in Oslo.

         That right there is what you call a character flaw. If your decision to save money doesn't hold up against temptation, your conviction isn't firm enough.

         I find that I'm full of self-doubt and I always question my decisions. People who do that never get anywhere.

         1. Don Romano (alt) (thor@noagendasocial.com)'s status on Thursday, 02-May-2019 07:59:07 EDT Don Romano (alt)

            in reply to

            I suspect that dads play a big role in shaping your mentality when it comes to these kinds of things. My dad lacked ambition and didn't have a very healthy outlook on life.

            It's like that bit in John Cleese's talk on creativity where he mentions that the research often unhelpfully points out what kind of upbringing you should've had in order to be a creative person.

         2. Don Romano (alt) (thor@noagendasocial.com)'s status on Thursday, 02-May-2019 07:59:50 EDT Don Romano (alt)

            in reply to

            I suspect that dads play a big role in shaping your mentality when it comes to these kinds of things. My dad lacked ambition and didn't have a very healthy outlook on life.

            It's like that bit in John Cleese's talk on creativity where he mentions that the research often unhelpfully points out what kind of upbringing you *should've* had in order to be a creative person.