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Old 03-11-2008, 03:56   #1
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Pick Play Over Work

The older we get, the more we regret choosing virtue over vice, new research shows.

Everyone is familiar with the flip-flop between guilt and regret, when it comes to decisions between indulgence, or keeping your nose to the grindstone.

Ran Kivetz and Anat Keinan of Columbia University have now shown that the guilt that we often feel right after making "indulgent" choices flares up as quickly as it passes. However, regrets over missed opportunities for fun never fade. In fact, they increase over time.

The upshot is that vices are regretted in the short-run, and virtues are regretted in the long-run.

Repenting Hyperopia: An Analysis of Self-Control Regrets
by Ran Kivetz and Anat Keinan
Goto the Study:
http://www.columbia.edu/~rk566/research/Repenting_Hyperopia.pdf

See also:
Indulgence vs. Regret: Investing in Future Memories
by Julia Hanna
http://hbswk.hbs.edu/pdf/item/6008.pdf
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Old 03-11-2008, 04:14   #2
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I like the last line in the conclusions...


"In the long run, indulging can lead to less regret and more satisfaction."

Indulging can also lead to a mortgage crisis and a breakdown in our financial system.

I also wonder why resesearchers find it necessary to write in "tech-speak" with sentence structure and word choice that is almost incomprehensible to the average reader. Having written a Thesis and Dissertation for my higher degrees, I would suggest the main reason is the old "baffle them with B.S" syndrome. Now that would make a good research project.

Good find Gordon.
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Old 03-11-2008, 04:34   #3
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“If you can't dazzle them with brilliance, then baffle them with B.S.”

In my case, I’m catering to the purest of intelligentsia, so “dumbing it down” would be akin to castrating the full glory of my verbiage.

I’m certain that you, my readership, are literate enough to accept my brilliance as your mere due, and are neither dazzled nor baffled.
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Old 03-11-2008, 04:40   #4
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You are toooooo much, GordMay!!! Gotta go an workout. Have a good one!
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Old 03-11-2008, 05:12   #5
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Quote:
Originally Posted by GordMay View Post
“If you can't dazzle them with brilliance, then baffle them with B.S.”

In my case, I’m catering to the purest of intelligentsia, so “dumbing it down” would be akin to castrating the full glory of my verbiage.

I’m certain that you, my readership, are literate enough to accept my brilliance as your mere due, and are neither dazzled nor baffled.
Spellbound and amazed certainly. Dazzled and baffled, not any more .
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Old 03-11-2008, 10:05   #6
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I have played most of my life. I look around, and many of my friends are dead, sick, or can't rub 2 nickles together. Maybe if you get your nose too close to the grindstone. This is what does you in?
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Old 03-11-2008, 10:07   #7
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"...We conclude by noting that,
although ex ante consumers perceive virtue as providing longterm
benefits and vice as entailing delayed costs, myopia may
be farsighted after all. In the long run, indulging can lead to
less regret and more satisfaction."


That's it.
I am so full of guilt from missing out on so much of life that I am going to sell all right away and indulge in my "bucket list" vice.
I am on my way right now!!

Just as soon as I get the Admiral's approval.
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Old 03-11-2008, 10:25   #8
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My boat is paid for Im glad I waited to indulge rather then loose it to a bank.
The past is gone I always look forward so I dont miss something else.

The only regrets I have are the ones my mind makes up.
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Old 03-11-2008, 10:30   #9
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This is one of those classic cases where either extreme is bad.

Too responsible <---------> Irresponsible
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