Some ideas to keep coming often
Berkson’s Paradox : Strong correlations can fall apart when combined with a larger population. Among hospital patients, motorcycle crash victims wearing helmets are more likely to be seriously injured than those not wearing helmets. But that’s because most crash victims saved by helmets did not need to become hospital patients, and those without
... See moreMorgan Housel • 100 Little Ideas
The solution to a mediocre life is focus.
Non-linear outcomes could come if one can identify signal over noise but also weak signal over strong signal.
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.
Morgan Housel • 100 Little Ideas
An informed world view, or personal orientation, can be derived from the neurological, linguistic and behavioral consequences of acknowledging the inevitable limitations of both differences and similarities
Simplest explaination are often the best.
“The heart has its reasons of which reason knows nothing." - Pascal…but …..The reason has its heart of which the heart feels nothing…