Podcasts · The Psychology of Money with Morgan Housel
Cumulative vs. Cyclical Knowledge
· 13 min
Episode Cumulative vs. Cyclical Knowledge
0:00
13:13
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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