10 Lessons from book Same As Ever By Morgen Housel
The valuation of every company is simply a number from today multiplied by a story about tomorrow.
Today’s economy is good at generating three things: wealth, the ability to show off wealth, and great envy for other people’s wealth.
We are very good at predicting the future, except for the surprises—which tend to be all that matter.
People don’t want accuracy. They want certainty.
America of the 1920s had the same real per-capita GDP as Turkmenistan does today.
People who think about the world in unique ways you like also think about the world in unique ways you won’t like.
The core here is that people think they want an accurate view of the future, but what they really crave is certainty.
The first rule of happiness is low expectations
10 Productivity Lessons from the book Eat That Frog
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