Radical Personal Finance 822-DELETED EPISODE - Mental Models to Deal with Controversial Topics
6 snips
Oct 18, 2021 AI Snips
Chapters
Transcript
Episode notes
Play Both Sides
- Play both sides of an argument, especially when the cost of acting as if one side is true is low.
- Prepare in advance by acquiring resources related to both perspectives.
Expert vs. Contrarian
- Blind trust in experts or contrarians makes you vulnerable to manipulation.
- Develop critical thinking to evaluate information and avoid being swayed by authority or rebelliousness.
Joshua's Finance Journey
- Joshua Sheats's journey from mainstream finance to contrarian views, then becoming an expert, and finally independent, shaped his understanding of financial advice.
- This experience highlighted the flaws and biases present in both the expert class and the contrarian viewpoint.