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Morgan Housel — The Best Story Wins (EP.100)

Infinite Loops

The Inherent Difficulties of Withstanding Volatility

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Yon kerso jim: volatility is taking place, because people are selling. I thnk this pry actually more common ground between what you and i believe then people think. My next book on this topic, it's about behaviors that never change overtime. All innovations, humans acted exactly the same way. In 19 hundred there were 200 car manufactures in america. And bat are there two or one now? You write about the right brothers. The last sustainable edge is to arbitrage human nature.

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