In a fully connected world, information is only as asymmetric as you allow it to be. You have all the tools you need. Use them to build context. Avoid environments that force your hand. Know what you don't know. Resist the temptation to move too quickly.

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DOCUMENTARY MENTIONED
Becoming Warren Buffett: https://amzn.to/43OAm5Y

ADDITIONAL LINKS & RESOURCES
The Market for Lemons: Quality Uncertainty and the Market Mechanism: https://en.wikipedia.org/wiki/The_Mar...

Adverse selection: https://en.wikipedia.org/wiki/Adverse...

Asymmetric information: https://en.wikipedia.org/wiki/Informa...

Death spiral (insurance): https://en.wikipedia.org/wiki/Death_s...

Lemon law: https://en.wikipedia.org/wiki/Lemon_law

Circle of competence: https://en.wikipedia.org/wiki/Circle_...

3 Simple Words Will Set You Free:   / 3-simple-words-will-set-you-free  

Colin Powell's Leadership Presentation: https://www.slideshare.net/guesta3e206

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This was initially published as an article on Medium.com by Niklas Göke: https://medium.com/the-understanding-...

Author: Niklas Göke | https://niklasgoeke.com/

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