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cover of episode Cumulative vs. Cyclical Knowledge

Cumulative vs. Cyclical Knowledge

2024/8/29
logo of podcast The Morgan Housel Podcast

The Morgan Housel Podcast

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Shownotes Transcript

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).