Morgan Housel

Betting on Things That Never Change - https://collabfund.com/blog/betting-on-things-that-never-change/

Ideas That Changed My Life - https://collabfund.com/blog/ideas-that-changed-my-life/

  1. Everyone belongs to a tribe and underestimates how influential that tribe is on their thinking ... Psychologist Geoffrey Cohen once showed Democratic voters supported Republican proposals when they were attributed to fellow Democrats more than they supported Democratic proposals attributed to Republicans (and the opposite for Republican voters) ...
  2. Everything’s been done before. The scenes change but the behaviors and outcomes don’t.
  3. Multi-discipline learning:
  4. Self-interest can lead people to believe and justify nearly anything.
  5. Room for error is underappreciated and misunderstood.
  6. Sustainable sources of competitive advantage.
  7. Your personal experiences make up maybe 0.00000001% of what’s happened in the world but maybe 80% of how you think the world works.

Tags: People