Money and Happiness (with Morgan Housel)
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The Fragility of the World and the Difficulty of Predicting Future Events
Reflecting on personal experiences and drawing parallels to the COVID-19 pandemic, the chapter explores the unexpected and significant consequences of seemingly minor decisions. It discusses the concept of risk assessment in both the financial world and everyday life, emphasizing the difficulty of predicting major events like economic crises and global pandemics. The chapter also delves into the changing landscape of dominant companies and the importance of focusing on human behavior over predicting specific events.
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