tag:blogger.com,1999:blog-9191584171026068508.post4484457490388164062..comments2024-03-18T04:14:41.296-05:00Comments on An Experiment in Retirement: A Review of the first Six Months of ‘Not Working’Ramhttp://www.blogger.com/profile/02082860404675699556noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9191584171026068508.post-71446621117063072342009-01-15T11:54:00.000-06:002009-01-15T11:54:00.000-06:00@Bluediamond,Yes, the questions you raise/ask are ...@Bluediamond,<BR/><BR/>Yes, the questions you raise/ask are the very crux of this blog.<BR/><BR/>1. Yes, I do miss getting a salary -- which for most of us is the ultimate safety net. For now, I'll live off my savings. For me, there was no other way to have a real sabbatical.<BR/><BR/>2. You refer to the "not worthy" feeling. In my case, it is really the guilt of not contributing to society, or being a freeloader. I think this break is necessary so that I find the right 'avenue' in which to contribute.<BR/><BR/>3. Yes, the inertia of rest. I too fear that it won't be easy to go back to having 8am meetings. Free time does spoil us in that way.<BR/><BR/>Thanks for leaving the note,<BR/>RamRamhttps://www.blogger.com/profile/02082860404675699556noreply@blogger.comtag:blogger.com,1999:blog-9191584171026068508.post-3854474350302399162009-01-14T21:03:00.000-06:002009-01-14T21:03:00.000-06:00don't you miss the earning part when you don't wor...don't you miss the earning part when you don't work?<BR/>or the not worthy kinda feeling n all??? <BR/>i too ve been out of job for around 6 months now, though it was resignation by choice, i never wanted to retire from work... now i dont feel like working too, or applying for jobs again... dono why.. guess i got used to being at home...Archana K Bhttps://www.blogger.com/profile/03661780579856596584noreply@blogger.comtag:blogger.com,1999:blog-9191584171026068508.post-81003534973007378652009-01-06T19:37:00.000-06:002009-01-06T19:37:00.000-06:00I agree about the nuance part.Also I think it woul...I agree about the nuance part.<BR/><BR/>Also I think it would be great, if one of the people I know very well and see on a regular basis, adopted the no anchoring rule. I dont want to name names :)<BR/><BR/>ArvindArvindhttps://www.blogger.com/profile/12308823543207696883noreply@blogger.comtag:blogger.com,1999:blog-9191584171026068508.post-49967260056246402852009-01-06T15:32:00.000-06:002009-01-06T15:32:00.000-06:00Arvind,I am not referring to the English word, 'An...Arvind,<BR/><BR/>I am not referring to the English word, 'Anchoring' as in having steadfast beliefs. <BR/>My post is about the cognitive bias in which I am so in love with my hypothesis that I refuse to budge even in light of contrary data.<BR/><BR/>My fear is that if I tried to bring in more and more nuances, each post would become an essay. I do agree with your broader point. It's all about finding the right balance.Ramhttps://www.blogger.com/profile/02082860404675699556noreply@blogger.comtag:blogger.com,1999:blog-9191584171026068508.post-86260360903208415552009-01-05T21:03:00.000-06:002009-01-05T21:03:00.000-06:00Anchoring is bad but not so bad as it seems. Fide...Anchoring is bad but not so bad as it seems. Fidelity had a fund manager who refused to invest in Tech because he thought it was unsound. For a long time his fund was underperforming. Fidelity thought he was hung up, anchored to his beliefs, while the market was sky rocketing and fired him. They hired a tech guy and invested in Tech. Nasdaq collapsed and Fidelity took a big hit. If only they held on to the guy who was well anchored.<BR/><BR/>The larger point is that, it is really hard to make sense of the new data. So people refrain from anchoring and sway with the data. And thats not so cool either. <BR/><BR/>Anchoring or no Anchoring, its pretty hard. But If I were to pick only one, not being anchored is libertaing but not necessarily beneficial.Arvindhttps://www.blogger.com/profile/12308823543207696883noreply@blogger.com