
Different Kinds of BS
The Morgan Housel Podcast
00:00
Beware the Veil of BS
BS often goes unnoticed because it masquerades as truth while blending elements of deception. It is more insidious than outright lies, as it allows both the communicator and the audience to feel satisfied without confronting factual discrepancies. For example, claiming profitability by omitting critical expenses constitutes BS, whereas stating a false financial status directly is a lie. This behavior permeates various industries and societal domains, posing a challenge for discernment. Recognizing the subtleties of smartness and intelligence can help individuals navigate this landscape effectively.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.