RAY DALIO

This is the idea that when planning or making decisions, people can often spend more time on the small, inconsequential details than on the major issues.

The original example was of a committee working on the plans for a nuclear power plant but getting distracted by wh...

"We all think we've move beyond it, of course. We have something more important to think about. We want something more exciting to do. Less basic, less fundamental. We want to challenge ourselves, not waste time checking a list, stretching before workout, and reading instructions instead of drivi...

When most people think of philosophy, they believe philosophers simply argue about arguing. Philosophy is viewed as impractical and irrelevant to current issues.

In reality, philosophy is likely more useful and important to the average person today than any...