4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP554: Mental Models for Successful Investing w/ John Jennings

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Improbable

There's something called Little Woods Law of Miracles. A mathematician calculated how many occurrences do we have a day? And he came up with about a thousand, I guess 30,000 things that you observe and see during a day. So if you do that and you multiply it by the number of days in a month, you come up with, you're gonna hit one of these one in a million things, about once a month.

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