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Expiring vs. Long-Term Knowledge
98 SAVES
SIMILAR ARTICLES & IDEAS:
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Key Ideas
Facts decay over time. And the time it takes to disprove or replace half of it can be predicted.
Data in medicine become half as relevant in 2-3 years. For exact sciences, 2-4 years.
If we want our knowledge to compound, we’ll need to focus on the invariant general principles.
Half-lives show us that if we spend time learning something that changes quickly, we might be wasting our time.
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Key Ideas
Benjamin Franklin said, “An investment in knowledge pays the best interest.” It's the reason Warren Buffett (& other successful individuals) spends 80% of his time reading.
The irony is that the problem isn’t a lack of jobs. Rather, it’s a lack of people with the right skills and knowledge to fill the jobs.
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Key Ideas
“Money isn’t making that much difference in how you and I live. We’re both going down to the cafeteria for lunch and working every day and having a good time. So don’t worry about money, because it won’t make much difference in how you live.”