20min chapter

Modern Wisdom cover image

#746 - Morgan Housel - 12 Unexpected Laws Of Human Psychology

Modern Wisdom

CHAPTER

Optimism, Evolution, and Business Strategies

The chapter explores how small events can lead to significant outcomes, emphasizing the importance of rational optimism over blind optimism. Anecdotes from various experiences are used to highlight the balance between bold vision and conservative management in business strategies. The discussion also touches on adapting to different roles based on scale and the need for specialized expertise in different aspects of a business.

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