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Strategies & Market Trends : Lessons Learned

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From: Julius Wong10/12/2019 1:45:57 PM
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Five Lessons from History


Lesson #1: People suffering from sudden, unexpected hardship are likely to adopt views they previously thought unthinkable.


Lesson #2: Reversion to the mean occurs because people persuasive enough to make something grow don’t have the kind of personalities that allow them to stop before pushing too far.


Lesson #3: Unsustainable things can last longer than you anticipate.


Lesson #4: Progress happens too slowly for people to notice; setbacks happen too fast for people to ignore.


Lesson #5: Wounds heal, scars last.


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