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Hedonic Adaptation

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I am currently following a course on Coursera: The Science of Well Being . It has been one of the most famous online courses by Yale, to date, and my favorite so far. If you haven't checked it out, I recommend you do it.  There is a concept discussed in almost every lecture 'Hedonic Adaptation'. Which, simply put, states that  On average, a person's happiness remains almost linear throughout his life. We get used to everything. We envision, that a big positive event such as buying your first car will make you really happy. Well, it does, but only for a few days. Let's say till the new car smell wears out or you get the first scratch on the bumper.  On the other hand, we envision that those big negative events will make this life a living hell, well guess what, we get used to it as well. Do you remember the paranoia in April-May? Everyone was refreshing Worldometer 20 times a day, washing groceries with dish soap, and even crossing the street if you spot a pedestrian

What is minimalism?

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Like most of you, I spent the better part of 2020 in my pajamas, wearing the same 4-5 t-shirts throughout the lockdown and wondering about a lot of existential questions. Obviously, after exhausting the whole catalogue of Netflix.  With an extra 2-3 hours extra per day, thanks to reduction in travelling time - to and fro from work - I was able to dedicate a lot more time to reading. In addition to the usual financial markets stuff, I was forced to read a wide variety of topics just to keep myself engaged.  To my surprise, one of the topic that stuck started with reading en vogue book of the year by Marie Kondo . Though I also read a lot about the first principles behind it - the Zen way of life, minimalism, meditation and as Po would call it "inner peace". The only one that stuck was Minimalism. To be fair, we are not monks. We cant renounce stuff and live life like master Oogway. We must take what is good and practical to apply and enrich our life.  So how do you actually d