Some ideas to keep coming often
Chronological Snobbery : “The assumption that whatever has gone out of date is on that account discredited. You must find why it went out of date. Was it ever refuted (and if so by whom, where, and how conclusively) or did it merely die away as fashions do? If the latter, this tells us nothing about its truth or falsehood. From seeing this, one pa
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Take on Intellectual risk to do anything meaningful. Financial risk in the end gives hollowness of a kind. Intellectual freedom and risk taking should be basis for financial freedom and risk taking
Cobra Effect: Attempting to solve a problem makes that problem worse. Comes from an Indian story about a city infested with snakes offering a bounty for every dead cobra, which caused entrepreneurs to start breeding cobras for slaughter.
Morgan Housel • 100 Little Ideas
System Justification Theory : Inefficient systems will be defended and maintained if they serve the needs of people who benefit from them – individual incentives can sustain systemic stupidity.
Morgan Housel • 100 Little Ideas
A Change in Perspective Is Worth 80 IQ Points
Flaubert famously said, “Be regular and orderly in your life, so that you may be violent and original in your work.”
Dunning-Kruger Effect : Knowing the limits of your intelligence requires a certain level of intelligence, so some people are too stupid to know how stupid they are.
Morgan Housel • 100 Little Ideas
We must expect to misunderstand. We must expect to be misunderstood. For sanity we must try to minimise misunderstanding.
Behavioral Inevitability : “History never repeats itself; man always does.” – Voltaire