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Nat's Notes
How to Predict the Future (Same as Ever by Morgan Housel)
Nov 10, 2023
In this podcast, topics covered include how to predict the future, the importance of investing in preparedness, the power of storytelling in bestselling books, the dangers of rapid growth, maintaining a competitive advantage, and thought-provoking questions for introspection.
27:14
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Quick takeaways
- Focusing on improving customer desires that will always be present, like low prices and fast shipping, can lead to long-term success
- Embracing nuance and uncertainty, while thinking in terms of probabilities, can lead to better decision-making
Deep dives
The Importance of Things That Never Change
Morgan Howzel's book, Same as Ever, explores the significance of things that remain constant. By understanding these unchanging elements, individuals can make better decisions and predictions about the future. For example, focusing on improving customer desires that will always be present, like low prices and fast shipping, can lead to long-term success. Howzel also discusses the idea that the most significant risks are the ones that are unforeseen and highlights the importance of being prepared rather than trying to predict every possible risk.
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