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January 23rd, 2017 by Ron Nakamoto

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January 20th, 2017 by Ron Nakamoto

The Inaugural Estate Empowerment Symposium

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The Inaugural Estate Empowerment Symposium

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This post shares several concepts that make up the Empowered Wealth "Begin in Gratitude" practice and technique. In our view, respect and generosity make up two of the three fundamental levels of Gratitude (appreciation is the third). The post describes a basic framing question, "What is the most respectful interpretation?" of any frustrating, negative situation. The Farnam Street team suggests that we challenge our negative assumptions and "try to interpret the situation in a more respectful and generous way." Using the tools of Empowered Wealth, I would add that we might find what we appreciate about the people and situation. In addition, in the spirit of generosity, we might give people the benefit of the doubt (at least initially) by assuming the best and giving people something that's in short supply these days: our attention.

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The Most Respectful Interpretation
Consider this situation: You email a colleague with a question expecting a prompt response, but hours or days later you’ve yet to hear from them. Perhaps you can’t move forward on your project without their input so you find yourself blocked. How do you imagine you feel in this situation? For many of us, situations …

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January 9th, 2017 by Ron Nakamoto

A Closer Look at Ambiguity

"Just about everyone dislikes the feeling of not knowing the answer to an important question about what’s going to happen in the future…It’s not uncommon to hear people mired in these sorts of limbos say that they’d prefer hearing about a terrible outcome than continue waiting to find out…history, recent and otherwise, is replete with examples of catastrophic blunders made as a result of leaders’ inability to deal with ambiguity." – Jesse Singal

The article below reviews the main ideas from the book "Nonsense: The Power of Not Knowing" by Jamie Holmes. Holmes says that ambiguity triggers to varying degrees our human need for closure. The main takeaway for me is that dealing with ambiguity is an exercise in patience, deliberate decision-making, and scenario planning; of thinking through alternatives and not rushing to judgement.

Singal's review provides a clear example of this need for closure and its potential negative consequences in the retelling of the story of the 1993 negotiations between the U.S. government and David Koresh, the leader of the Branch Dividians. It's worth a quick read.

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The Bad Things That Happen When People Can’t Deal With Ambiguous Situations