Last Minute Lecture

Decision — Mastering Procrastination for Success | Chapter 8 of Think and Grow Rich by Napoleon Hill Desire may spark ambition, but only decision transforms ambition into achievement. In Chapter 8 of Napoleon Hill’s Think and Grow Rich , decision is revealed as the trait that most consistently separates the wealthy and successful from those who struggle. Hill’s study of over 25,000 failures revealed that indecision and procrastination are the main causes of unrealized dreams, while the most successful people make firm decisions quickly—and change them slowly, if ever. Watch the chapter video above, and subscribe to Last Minute Lecture for more insightful study guides and success principles! The Power of Decisiveness Hill illustrates that every major advancement, from personal fortunes to national independence, began with a bold, unwavering decision. Through vivid examples—like Samuel Adams and John Hancock risking everything for American freedom—he shows that history’s gre...

Judgment, Heuristics, and Decision-Making in Cognitive Psychology — Chapter 11 Summary from Cognitive Psychology Why do people make irrational choices, stick with bad investments, or trust gut feelings over facts? Chapter 11 of Cognitive Psychology explores the psychological mechanisms behind judgment and decision-making . In this chapter summary from Last Minute Lecture , we examine how people make choices, the role of mental shortcuts (heuristics), and how biases like overconfidence or framing effects shape decisions under uncertainty. Watch the video above or read on to discover why our minds often take cognitive shortcuts—and how this impacts everything from daily choices to major life decisions. Judgment vs. Decision-Making Judgment involves estimating or predicting outcomes based on incomplete information. Decision-making goes one step further by choosing between alternatives based on judgments. Both are influenced by probability, value, emotion, and context. Norm...