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Words do not express thoughts very well. They always become a little different immediately they are expressed, a little distorted, a little foolish. And yet it also pleases me and seems right that what is of value and wisdom to one man seems nonsense to another.
Evolution is the study of advantages. Van Valen’s idea is simply that there are no permanent advantages. Everyone is madly scrambling all the time, but no one gets so far ahead that they become extinction-proof.
Some things evolve but never actually become better adapted, because threats are always changing. Black rhinos survived for 8 million years before being killed off by poachers. Lehman Brothers adapted and prospered for 150 years and 33 recessions before it met its match in mortgage-backed securities. Poof, gone.
No one’s ever safe. No one can ever rest.
Same as Ever
Morgan Housel
Walt Disney's Rule:
• If struggling to think clearly about a subject, draw it out.
Here's Walt Disney's drawing he made in 1957 of the Media Empire he wanted to build.
It's iconic.
THREAD: 15 of the Most U...
@george__mack on Twitter
...catch up on these, and many more highlights
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