2min chapter

The Knowledge Project with Shane Parrish cover image

#119 Todd Simkin: Making Better Decisions

The Knowledge Project with Shane Parrish

CHAPTER

Using the Principle of Charity in Decision Processes

A lot of it is still understanding truth, that if you don't have an understanding of what's really happening. Every single negotiation is a co operation and a collaboration bat there. On the trading side, sirthis principle of charity is really giving somebody credit for knowing what they're doing when they're trading against you. This is what or of protects you from being run over by somebody who has better information than you do.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode