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Lindy's Restaurant and the Lindy Effect
- Nassim Taleb uses the example of Lindy's restaurant, known for its cheesecake, to illustrate the Lindy Effect.
- It thrived for a while but eventually went bust, demonstrating that popularity doesn't guarantee longevity.
Writing Timeless Books
- Write books that withstand the test of time by ensuring they appeal to both past and present readers.
- Project yourself backward when writing and consider if someone from a previous era would find value in your work.
Predicting the Future vs. Obsolescence
- Predicting the future is difficult, but predicting the obsolescence of recent things is easier.
- The Lindy Effect suggests that older technologies often have a survival advantage over newer ones.