Deep Roots
Forecasting is hard because it’s easy to skip the question, “And then what?” Saying, “higher gas prices will cause people to drive less,” seems logical. But then what? Well, people have to drive, so…
«The point is that every event creates its own offspring, which impact the world in their own special ways.»
More from Collab Fund
The Art and Science of Spending Money
Former General Electric CEO Jack Welch once nearly died of a heart attack. Years later he was asked what went through his mind while he was being rushed to the hospital in what could have been his…
«Psychologist Jonathan Haidt says people don’t communicate on social media; they perform for one another. Spending money is like that, too.»
Save Like A Pessimist, Invest Like An Optimist
In 1984 Jane Pauley interviewed 28-year-old Bill Gates. “Some people call you a genius,” Pauley said. “I know that might embarrass you but …” Gates deadpans. No emotion. No response. “OK, I guess that…
Three Big Things: The Most Important Forces Shaping the World
An irony of studying history is that we often know exactly how a story ends, but have no idea where it began. Here’s an example. What caused the financial crisis? Well, you have to understand the…
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