Same as Ever by Morgan Housel
Author:Morgan Housel [Housel, Morgan]
Language: eng
Format: epub
Publisher: Penguin Publishing Group
Published: 2023-11-07T00:00:00+00:00
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On a related topic: Let me share a story about nuclear bombs to show how easy it is to discount risks.
Tiny and Magnificent
When little things compound into extraordinary things.
A common theme in history is that people assume the biggest companies, nations, and innovations pose the biggest threats and create the biggest opportunities.
But thatâs usually not how it works.
A 2010 Yale study showed that one of the leading causes of the increase in obesity is not necessarily people eating larger meals; itâs eating more small snacks throughout the day.
Itâs a good example of how lots of things work.
Most catastrophes come from a series of tiny risksâeach of which is easy to ignoreâthat multiply and compound into something huge. The opposite is true: Most amazing things happen when something tiny and insignificant compounds into something extraordinary.
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