Ideas from books, articles & podcasts.
It’s about developing a certain kind of disposition for patience, sober waiting, and recognizing your emotions. In early 2020, Luke got caught up in the mimesis of the markets in the dark days of the COVID-19 pandemic
He thought it was a good idea to try and day trade the markets, in/out of highly volatile stocks
When there is a lot of fear-driven mimetic desire and uncertainty, just sit back, wait, and learn as much as you can.
MORE IDEAS FROM THE SAME PODCAST
You can manipulate people via mimetic desire (marketing, political campaigns, etc.)
Memetics is the study of memes, cultural units of information that replicate, comparable with Darwinian evolution.
Mimetic desire is not inherently a negative thing. It can work positively in forming a sense of community (people with a shared desire).
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A discussion on inflation, hurdle rates, and the mass adoption of Bitcoin.
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