Quality of Intake - Deepstash

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Expiring vs. Long-Term Knowledge

Quality of Intake

Whether it's the questions startup companies ask in meetings, or the quarterly earnings of a company, short-term, expiring knowledge has very little context if not paired with long-term knowledge.

If you intake more long-term knowledge by reading good books, you can be a better judge of which expiring knowledge to absorb and which to reject.

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SIMILAR ARTICLES & IDEAS:

The Half-Life of Facts
The Half-Life of Facts

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.

Half life of facts and compound knowledge

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. 

Warren Buffett
“Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can..."
Warren Buffett
Learning constantly

To get better results in life you need to learn constantly. And the best way to learn is to read effectively and a lot.

Upgrading your brain

A new idea, outlook on life, mental model, is all it takes for something to click inside your brain.

Your brain will start making connections between books that seemed to be on different topics. The more you read, the more links you form and the richer your understanding becomes.

Charlie Munger
“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time ..."
Charlie Munger
Learning is an investment

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. 

Automatization Problem
People at the bottom of the economic ladder are being squeezed more aby automation, while those at the top have more opportunities and are paid more than ever before. 

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.