4 ms·
My general take on successful people giving advice is to ask yourself "how reproducible is this?". When the advice hinges on a unique set of circumstances that
by angarg12 4y ago
My general take on successful people giving advice is to ask yourself "how reproducible is this?". When the advice hinges on a unique set of circumstances that you can't reproduce, then they are likely giving you their lottery ticket. Otherwise you might want to listen more closely.
- nordsieck 4y ago> My general take on successful people giving advice is to ask yourself "how reproducible is this?". When the advice hinges on a unique set of circumstances that you can't reproduce, then they are likely giving you their lottery ticket. Otherwise you might want to listen more closely. I think this is tricky - advice can be reproducible within a limited environment, but still be fragile. For example, extremely risky real estate investing can work within a market cycle. But if you try to bridge cycles without consolidation, you're going to be in for a bad time.
- baobabKoodaa 4y ago> When the advice hinges on a unique set of circumstances that you can't reproduce, then they are likely giving you their lottery ticket. People typically don't explain their success with "just after I opened the pickaxe shop, the gold rush started". Even if that is a major factor in their success, they will explain their success coming from other factors, like waking up at 5 am to listed to podcasts while running on the treadmill. (The advice that you should wake up at 5 am and listen to podcasts on the treadmill is reproducible, but timing the pickaxe shop opening with the gold rush is not reproducible. You hear one as the advice, not the other. This makes it difficult to follow your advice "When the advice hinges on a unique set of circumstances that you can't reproduce, then they are likely giving you their lottery ticket. Otherwise you might want to listen more closely.")
- wallace_g 4y ago[dead]