“They all make the same mistake. They make more money and they buy slightly nicer versions of the same shit.” – Sam Zell (quoted by David Senra)
Next:
- 2-1a6c0 If you don’t create an explanation, you will be enmeshed in the situation (analog). You have to transcend your situation-culture-parochiality by explanations (digital). Explanation is the way to universality.
- 2-1a6c1 ‘Tendency to minimize energy output’ - Align your incentives properly, then (almost) everything will follow
- 2-1a6c2 Establishing rituals is the key to creating positive inertia
- 2-1a6d Never say yes to something important without thinking it over for a day
Related:
- 2-1a1a8 ‘Tendency to overestimate consistency of behavior’ - Behavior of others are often not innate-intentional but situational
- 4-1a4b2a Silence can decontextualize-displace the negotiator from the negotiation
- 4-1a4b2b Being reactive is like being analog in the heat of the moment
- 5-1b4b Compounding is usually too slow to notice. You have to be deliberate in how you think and what you see.
- 10-2g1 Culture is an implicit theory for its members. It dictates what to look at and how they reason about the world.