The Morgan Housel Podcast cover image

The Morgan Housel Podcast

Respect Each Others’ Delusions

Dec 22, 2023
08:47
Snipd AI
The podcast explores the concept of delusions and how they affect our interactions with others. It discusses the importance of learning from history and respecting others' delusions. The episode also dives into how our brains resolve uncertainty and the influence of desire on belief. It further explores the impact of beliefs and delusions on decision-making, including the role of personal incentives and the dangers of basing decisions solely on emotion and passion.
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Podcast summary created with Snipd AI

Quick takeaways

  • Accept that everyone, including oneself, holds deluded beliefs, and have empathy for others.
  • Delusions are caused by personal experiences shaping perspectives and emotions distorting judgment.

Deep dives

Importance of memorable sentences and delusions

People remember memorable sentences rather than the full body of work, and a quote from Will and Ariel Durant's book 'The Lessons of History' emphasizes learning from history to have patience with reality and respect others' delusions. It highlights the importance of accepting that everyone, including oneself, holds deluded beliefs. Empathy is encouraged towards others whose delusions may not be obvious to them. It is noted that people are better at spotting flaws in others than in themselves. However, if delusions harm others, they should not be tolerated.

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