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Podcast: Stock Stories
Episode: Mental Model: Second-Order Thinking - Cause Meets Effect Meets Another Effect
Description: We often think in terms of cause of effect, as in event A causes event B. But then that's it. What about events C, D, and E? How are they related to A, B, and each other? The world is not one smooth sequence of events. If we want to understand it better, it helps to apply the principle of second-order thinking.---Instagram and Twitter: stockstories1Email: [email protected]: [email protected]