Shane Parrish – Mastering Mental Models - [Invest Like the Best, EP.17]
Invest Like the Best with Patrick O'Shaughnessy
00:00
Deviation Drives Outperformance
Realizing the impact of external influence on behavior, both personally and in business, is crucial for understanding how norms limit individuals and organizations. By deviating from standard practices, businesses can move from the middle of a Gaussian distribution to outperform, as it is difficult to excel by doing the same things as everyone else. Deviation in strategy is essential for achieving outperformance and breaking free from cultural constraints.
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Transcript
