Westenberg

Joan Westenberg
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Dec 6, 2024 • 4min

Could You Invest for 100 Years?

The Power of Long-Term ThinkingIn this episode, I explore the concept of long-term thinking and its profound impact on civilization. I challenge viewers with hypothetical bets to illustrate how modern society often prioritizes short-term gains over exponential long-term benefits. Highlighting examples from the Catholic Church to the Dutch flood control systems, I discuss how some organizations successfully think centuries ahead. I propose the creation of a '100 Year Lab' where decisions are made with the future in mind, aimed at benefiting generations to come.00:00 The Bet: $1 Billion vs. Manhattan Real Estate00:15 The Penny vs. The Million: A Lesson in Compounding00:24 Modern Society's Short-Term Thinking00:35 The 10,000 Year Clock: A Symbol of Long-Term Vision00:57 Human Blind Spots in Long-Term Planning01:33 Examples of Long-Term Thinking02:06 The Power of Long-Term Decisions02:31 Imagining a Long-Term Future02:55 Survivorship Bias and Building for Permanence03:38 A Modest Proposal: The 100 Year Lab
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Dec 6, 2024 • 3min

You Were Not Born to Censor Yourself for Other People’s Comfort

Stop Self-CensorshipIn this episode, I explore the importance of being true to yourself and rejecting the pressure to self-censor just to fit in. You'll learn why it's crucial to speak your mind, embrace your unique personality, and respect your own voice as much as you do others. Society advances when we challenge the status quo, and it's time to stop diluting our thoughts to make others comfortable. Go long on radical honesty.00:00 Introduction: The Pressure to Conform00:22 The Importance of Authenticity00:28 Respect vs. Self-Censorship01:29 The Consequences of Silence01:54 Embrace Your True Self02:25 Conclusion: Speak Loudly and Honestly
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7 snips
Dec 6, 2024 • 6min

Pepsi, the Cold War, and the Soviet Submarine Deal

Delve into the daring exploits of a Pepsi executive who seized Cold War tensions to enter the Soviet market. Discover the unconventional barter deals, including a trade involving vodka and retired submarines. This intriguing tale highlights the risks and strategies of navigating authoritarian marketplaces. It serves as a fascinating case study of how commerce intertwines with politics, offering timeless lessons for today’s business landscape. Explore the complexities of doing business in repressive regimes.
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8 snips
Dec 6, 2024 • 6min

More Data Doesn't Equal More Truth

Explore the paradox where more data can lead to less clarity. Through intriguing examples like coffee research, learn how an abundance of information complicates our understanding of truth. Discover the curse of dimensionality and how human biases shape narratives from data. Gain insights into navigating an information-rich world with key principles for effective decision-making and clearer insights. Rethink your approach to truth-seeking in a landscape inundated with data.

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