The Morgan Housel Podcast The Art and Science of Investing
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Mar 12, 2025 Explore the captivating blend of art and science in investing, where emotional intuition meets analytical rigor. Discover how the user experience shaped iconic tech products like the iPhone and iPad. Learn about the critical importance of managing finances, both personally and within businesses. Delve into the psychological aspects that influence investment strategies and understand the beauty of diverse approaches to investing.
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Jobs' Philosophy on Art and Technology
- Steve Jobs believed Microsoft products lacked artistic feel compared to Apple.
- He emphasized Apple's focus on the intersection of art and technology, prioritizing aesthetics and user experience.
Art and Science in Various Fields
- Technology and art intersect in many fields, like medicine (science of treatment, art of bedside manner) and cars (engineering vs. design).
- This combination enhances functionality and user experience.
Quantifying War vs. Understanding People
- Robert McNamara, during the Vietnam War, focused on quantifying war through statistics.
- A CIA official pointed out the missing element: the Vietnamese people's feelings, highlighting the importance of art in understanding complex situations.