The 80/20 Principle

The 80/20 Principle

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The 80/20 Principle
The 80/20 Principle
The Path of Least Resistance
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The Path of Least Resistance

Can lead to serious mistakes, says Morgan Housel

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Ernie the Attorney
Mar 10, 2023
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The 80/20 Principle
The 80/20 Principle
The Path of Least Resistance
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Morgan Housel is a clear thinker and an exceptional writer. If you haven’t read The Psychology of Money, you probably should.

And you should read his recent blog post Psychological Paths of Least Resistance, which starts with this observation.

“When faced with a problem, rarely do people ask, “What is the best, perfect, answer to this question?”

This is a …

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