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Chronological Snobbery : “The assumption that whatever has gone out of date is on that account discredited. You must find why it went out of date.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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Kiss all frog and expand surface area of Serendipity
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
Gambler’s Conceit : People hooked on a risky behavior (e.g. gambling, smoking) reassure themselves they’ll be able to quit while ahead (before bankruptcy, lung cancer). However, their future-self tends to act a lot like them, so if they can't quit now, they likely won't quit later when they’re even deeper in.
There are the two convictions: one that focuses on the numbers and one that feels.
Pareto Principle : The majority of outcomes are driven by a minority of events.
Morgan Housel • 100 Little Ideas
Apophenia : A tendency to perceive correlations between unrelated things, because your mind can only deal with tiny sample sizes and assuming things are correlated creates easy/comforting explanations of how the world works.
Morgan Housel • 100 Little Ideas
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.