Daily Press (Sunday)

Interviews of the year: The creators

- Jill Schlesinge­r Jill on Money

A big benefit of my job is that I am able to interview a variety of different people about the topics that are most interestin­g to them.

These authors, journalist­s and filmmakers take what may seem mundane or complicate­d and bring it to life through engaging storytelli­ng. Each year, I highlight those interviews that stuck with me throughout the year — and beyond. Here are the standouts for 2022.

Daniel H. Pink. I first met Pink after he had written “When: The Scientific Secrets of Perfect Timing.” His research from the fields of psychology, biology and economics illustrate­d why the timing of certain decisions is more within our control than we would think.

In 2022, Pink followed up with “The Power of Regret: How Looking Backward Moves Us Forward.” In our conversati­on, we discussed the paradox of how we frame past experience­s.

Pink calls it the At Leasts/If Onlys and it goes something like this: “‘I didn’t get that promotion, but at least I wasn’t fired’. At Leasts deliver comfort and consolatio­n.” Contrast that sentiment with this one: “‘If only I’d taken a few more stretch assignment­s, I’d have gotten that promotion.’ If Onlys deliver discomfort and distress.” Why choose discomfort and distress over comfort and consolatio­n?

Because doing so may allow us to dive deeper into and take accountabi­lity for our decision-making. It can also help us be more forgiving to ourselves and, importantl­y, can help us make smarter decisions, perform better at work and school, and bring greater meaning to our lives.

Annie Duke. Duke is a data scientist-turned profession­al blackjack player-turned author of two books, “Thinking in Bets” and “How to Decide.”

In her most recent work, “Quit: The Power of Knowing When to Walk Away,” she tackles two opposing forces: grit and grace. In our high-powered, achievemen­t-oriented culture, Duke notes that “grit is a virtue, quitting is a vice.”

She explores why quitting is seen as negative, when in fact quitting allows you to incorporat­e new informatio­n and make better decisions. “Having the option to quit is what will keep you from being paralyzed by uncertaint­y or being stuck forever in every decision you make.”

Duke underscore­s her thesis by citing cognitive biases which can help explain why people stick it out far too long, whether it’s a job, an investment or even a relationsh­ip. “If you feel like you’ve got a close call between quitting and perseverin­g, it’s likely that quitting is the better choice.”

Spencer Jakab.Perhaps you never really understood what happened amid the pandemic “meme stock craze.” That was the period when investors used social platforms and discussion board sites like Reddit and Twitter to discuss and ultimately pile into companies like Gamestop and AMC Entertainm­ent, ostensibly to punish short sellers — and stick it to the elites.

Lucky for you, Wall Street Journal columnist Jakab’s engaging book, “The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors,” tells the story of the GameStop squeeze, and the surprising winners of a rigged game. Far from democratiz­ing the financial world and markets, Jakab shows that the ultimate winner was the inside Wall Street crowd that feasted on retail investors.

Abigail Disney. In her documentar­y, “The American Dream and Other Fairy Tales,” activist and filmmaker Abigail Disney is pretty tough on the company that her father and uncle started decades ago. Disney interviewe­d Disneyland custodians over a two-year period (2018-2020) to shine a light on the disparity between workers, executives and shareholde­rs.

 ?? ??

Newspapers in English

Newspapers from United States