50. Long-Term Thinking, 2nd Order Consequences & Effect Horizons - podcast episode cover

50. Long-Term Thinking, 2nd Order Consequences & Effect Horizons

Dec 05, 201849 minEp. 40
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Episode description

The thing about money is time. 

The thing about time is that nobody knows how it works.

The result? Frustrated people who don't have money or time.

Time is the most powerful variable in any equation, yet it's the variable nobody understands and forgets to consider in their mental models, and daily decisions. 

In today's podcast, I take you on a journey to better understand time, how it works, how you can use it to make money, win at anything and live a better life. 

We discuss short-term thinking VS long-term thinking, instant gratification VS delayed gratification, 2nd order consequences, causal chains, effect horizons, exponential functions... all sorts of shit that will blow your mind, grow your bank account and turn you into your competitors worst nightmare.

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