The IFOD
The Interesting Fact of the Day Blog
The Paradox of Preferring Busyness Yet Needing Justification for It
Having an abundance of free time sounds great, especially if you feel like you are constantly short on time. But it turns out that we dread idleness. Having too much discretionary time is associated with a lower sense of well-being. In fact, as I have previously...
The Cruel Curve of Forgetting: We Rapidly Lose Most Memories (But We Can Fight It)
A friend recently recommended a book by an author whose previous book I had read. She asked me, "What was that (prior) book about?" My response: "Uh. . . umm . . . I can't remember." I had drawn a total blank -- I couldn't recall the main characters or even the plot....
No Ordinary Moments: Amanda Knox’s Powerful Epiphany on Finding Purpose While in Prison
How would you feel if your life was derailed through no fault of your own, leaving a chasm between the life you wanted to live and the life you were stuck with? (Maybe you are in this situation now?) This is what happened to Amanda Knox after she was wrongfully...
Leap Day Explained: 5 Fascinating Facts About February 29th
Once (almost) every four years, February has a 29th day. Today's IFOD is about why the calendar needs this extra day, as well as a few other little-known interesting facts about Leap Day. 1. Why Leap Days are Necessary To get the obvious fact out of the way, leap days...
The Six-Word Mantra That Fights Uncertainty
We move through life in a fog of uncertainty. Most uncertainty is no big deal. Not knowing exactly how the weather will turn out today, whether your morning commute will go smoothly, or what you'll have for dinner are minor uncertainties that don't cause much angst....
Why I Prefer eBooks Over Print Books
Amazon released its Kindle ebook reader in 2007. Back then, pundits predicted that eBooks would kill off printed books because of eBooks' lower cost, greater portability, and instant delivery for ebooks. But that hasn't happened. Ebooks have remained at 10%-15% of all...
Navigating Success: The Art of Wandering According to Jeff Bezos
Warren Buffett's annual letters to Berkshire Hathaway shareholders are considered "must-reads" by the business and investment community. And for good reason -- they are chock full of wisdom and Buffett's worldview. But there is another set of must-read letters: Jeff...
From Groundhog Day Merriment to Parenting Insights: Celebrating 7 Years of The IFOD Blog
It's The IFOD's birthday and today's IFOD is about why I started writing The IFOD. But first, Happy Groundhog Day! I love Groundhog’s Day. Not because I actually believe that Punxsutawney Phil can predict winter’s duration but because I receive merriment from the...
The 1984 Super Bowl Commercial That Changed Advertising
Apple released the McIntosh computer 40 years ago this week. It cost $2,495 (about $7,500 in today's dollars), had 128k of memory (or 0.000131 Gigabytes), and no hard drive (you stored files on a floppy drive). Yet, even with these modest specs, the computer and the...
This Single Stock Turns 31 Years Old Today – And Changed Investing Forever
Happy birthday to the SPDR® S&P 500® ETF Trust (SPY), which started trading 31 years ago today (1/21/93). It's the original Exchange Traded Fund or "ETF" and is a single stock that tracks all 500 stocks in the S&P 500. What are ETFs? ETFs are baskets of stocks...
Rolling the Dice on Reality: The Ludic Fallacy and Life’s Unpredictable Risks
The book that probably has had the biggest impact on my thinking is The Black Swan by Nassim Taleb (I've read it 3x). The main theme of the book is that important events that have the biggest impact on our lives, so-called "black swans," are unpredictable—things like...
Segal’s Law: How Multiple Sources Can Complicate Our Grasp on Truth
A man with a watch knows what time it is. A man with two watches is never sure. -Segal's Law I think Segal's Law is brilliant as it gets to the heart of the difficulty of having multiple sources of information. It's easy to believe a thing if you have just one...
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