A very wide spread behaviour is to focus on details that are irrelevant to such a degree that it takes focus away from the actually […]
Goblin Mindset: Build from the core
Category: Goblin Mindset
Goblin Mindset: Gold making in WoW Classic
The launch of classic WoW is approaching and as someone who has played the game since classic I am looking forward to trying it out. […]
Goblin Mindset: Passive income in WoW?
Something that is generally widely touted in terms of improving your finances is the idea of “passive” income. With that we are talking about income […]
Goblin Mindset: The ramifications of the BfA deflation
At this point I think it is no longer any doubt that Battle for Azeroth has represented a significant deflation of the value of gold. The gold […]
Goblin Mindset: Using marginal cost considerations to improve decision making
Today I’m going to take another look at some more concepts from microeconomics. I have covered the idea of opportunity costs and sunk costs before. […]
Goblin Mindset: Balancing long term goals and short term actions
To reach any long term goal you will have to take a lot of short term actions. In goldmaking those short term actions will change, […]
Goblin Mindset: Dealing with sunk costs
Sunk cost is a term from economics which represents the money you have spent that you have no way to get back. Since the money is […]
Goblin Mindset: Focus on the journey
“The Journey is the destination” is a popular saying and I believe it applies to gold making quite well, especially starting out. Obviously you need […]
Goblin Mindset: Making decisions with positive expected value
If anyone of you are into poker or Fantasy premier league you may be aware of the idea of making positive expected value decisions. This […]
Goblin Mindset: Where to play and how to win
Recently I started reading a book on business strategy called playing to win. One of the concepts it talks about is splitting the idea of […]