The Psychology of Money with Morgan Housel
Cumulative vs. Cyclical Knowledge
Aug 29, 2024 · 13 min · 9.6 MB
0:00-13:13
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In some fields our knowledge is seamlessly passed down across generations. In others, it’s fleeting. To paraphrase investor Jim Grant: Knowledge in some fields is cumulative. In other fields it’s cyclical (at best).
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