The Hidden Cost of Comfort

The Hidden Cost of Comfort

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The Dangers of Survivorship Bias

In the early days of World War II, the U.S. military was losing too many of its planes in battle. To stem the tide, analysts started mapping the bullet holes on the returning planes.Their plan was to add armor to the specific areas of the planes identified by the exercise.Based o ...  Show more

Are Low Expectations The Key To Life?

The late investor Charlie Munger was known for his prolific wisdom.Perhaps his wisest insight of all came when he was asked to reflect on the source of his own happiness:“The first rule of a happy life is low expectations. If you have unrealistic expectations you’re going to be m ...  Show more

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