Morgan Housel Archives - Ranching For Profit

May 27

The Flaw in Economics

By Jordan Steele Decision Making, Economics & Finance, Planning & Management 2 Comments

As a trained economist, I always think that we can isolate one variable and analyze how it changes the rest of the system. The Latin phrase ceteris paribus, which translates…

Oct 28

Going Long

By Dave Pratt Economics & Finance, Planning & Management, Succession 19 Comments

You’ve probably heard the expression, “Go big or go home.” But there is another time-tested strategy that has a higher success rate: “Go long.” It wasn’t just water that carved…

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The Flaw in Economics

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