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Posts

2023


Bad Incentives, Bad Outcomes

·4 mins
When examining human behavior, you can usually answer the “why?” behind most phenomena by analyzing incentives. This principle applies universally—from economics to politics, where elected officials often prioritize certain interests over broader constituent needs. There’s a reason the phrase “follow the money” has become ubiquitous. Many people skip the step of examining incentive structures, then express confusion when others act in ways that seem counterintuitive. Yet once you look at the underlying incentives, motivations typically become clear. Most of the dysfunction we see in modern capitalism can be traced to poorly designed incentive systems.

You've Probably Never Had an Original Idea

·3 mins
I’ve never liked the word “invention”; instead, I prefer the term discovery. Nobody has ever truly invented anything—rather, we come upon discoveries, and some people are fortunate enough to figure out how to monetize them. Every time I think I’ve had a brilliant, original insight, a quick internet search reveals dozens of people who’ve already explored the same concept, often more thoroughly than I have. It’s a humbling experience that repeats itself with remarkable consistency.

Neuroticism

·4 mins
The most challenging relationships I’ve experienced, both personal and professional, have involved highly neurotic individuals. By neuroticism, I mean a tendency toward emotional instability—characterized by inconsistency, excessive anxiety, disproportionate reactions to minor issues, and sometimes aggressive responses to everyday stressors. Understanding Neuroticism # Neuroticism exists on a spectrum. A moderate level of concern about potential problems can be productive—it helps us prepare and plan. But when these feelings become overwhelming or trigger reactions that damage relationships, they cross into problematic territory.

Failing Upwards

·5 mins
Survivorship bias often gets discussed as a cautionary tale. For example, someone might point out a person’s or company’s success, and another will retort with, “But that’s just survivorship bias!” What’s rarely discussed is how to internalize survivorship bias in an actionable way. If you know that most success stories (whether in business, investing, dating, or even the actual lottery) are primarily the result of luck rather than skill, how can you use this information to your advantage?