Some ideas to keep coming often
Quality connections trump quantity, even in the digital age
The world may makes sense at times and at times it can be confusing. When it is confusing, your model of the world is wrong or you lack some frames. So, things that don’t make sense are a learning opportunity. Big opportunities won’t make sense until it’s too late to profit from them.
Behavioral Inevitability : “History never repeats itself; man always does.” – Voltaire
Morgan Housel • 100 Little Ideas
Double Thank You moment : How many times have you paid $1 for a cup of coffee and after the clerk said, "Thank you," you responded, "Thank you"? There's a wealth of economics wisdom in the weird double thank-you moment. Why does it happen? Because you want the coffee more than the buck, and the store wants the buck more than the coffee. Both of you
... See more“You waste years by not being able to waste hours" - Amos Tversky
Anscombe’s Quartet : Four sets of numbers that look identical on paper (mean average, variance, correlation, etc.) but look completely different when graphed. Describes a situation where exact calculations don’t offer a good representation of how the world works.
Morgan Housel • 100 Little Ideas
Three Men Make a Tiger: People will believe anything if enough people tell them it’s true. It comes from a Chinese proverb that if one person tells you there’s a tiger roaming around your neighborhood, you can assume they’re lying. If two people tell you, you begin to wonder. If three say it’s true, you’re convinced there’s a tiger in your... See more
Morgan Housel • 100 Little Ideas
‘Until you make the unconscious conscious, it will direct your life and you will call it fate.” - Carl Jung
Buridan’s Ass : A thirsty donkey is placed exactly midway between two pails of water. It dies because it can’t make a rational decision about which one to choose. A form of decision paralysis.