Fantastic read Flum! 👏🏾👏🏾👏🏾Agree, this deserves a part II podcast. Would love to hear collector’s perspectives on auction pieces, as well as a deeper dive into the luxury paradox. Luxury is such a fascinating topic these days. 👌🏾🎩
Another one in the books and “muy jugoso como siempre” …… so much delicious content not sure what to respond to first but once again Kanneman is a good topic and thought provoking and pertinent not only to horology c
I believe you've addressed a concept similar to high-agency ignorance before. Perhaps it was the intellectual hibernation passage from a while back? It had to do with removing a specific watch brand from taking up your cognitive bandwidth. Perhaps I am conflating disparate missives?
Nonetheless, I take academic license here and relate those dispatches to the concept of "reducing one's surface area" as described by Shane Parrish. As the river of information grows exponentially, we are wise to step away an limit how water much we try to drink from it.
I agree, I think I have... Although, something weird has happened with Substack - when I create any posts (newsletter or otherwise) I add many keyword tags in the back end - this helps with indexing, and it used to help with searching too. Somehow, I can no longer search within the newsletter sections... only the long-post section. I therefore can't find half the stuff I want to. For example, I did a newsletter about Dubai Watch Week... If i search 'dubai' it doesn't come up!
Anyway, yes, agreed - the Parrish analogy is a good one - and also, the idea of 'increasing your luck surface area' (James Clear and many others say similar things) is a metaphorical antonym... perhaps. The rivers and buckets analogy I mentioned a week or two ago - that was from here: https://sketchplanations.com/rivers-and-buckets
I purposefully scuffed up my entire collection this am, ty for the courage to do this ❤️
🫣😧😉
Its BS - this fellow David cannot be trusted!
Nonsense. lol
Fantastic read Flum! 👏🏾👏🏾👏🏾Agree, this deserves a part II podcast. Would love to hear collector’s perspectives on auction pieces, as well as a deeper dive into the luxury paradox. Luxury is such a fascinating topic these days. 👌🏾🎩
Thank you S! The logistics of podcasting really baffle me :)
Agree, however... it is worth further thought. Will mull it over.
I’ve had Akerlof’s paper on my reading list for a few months now, thanks for quoting from it and ruining it for me.
That’s on you. The fact that you haven’t already finished it is… disappointing to say the least. Wtf?
Absolutely one of the top takeaways is controlling intake of info/content! Becoming critical TBH
Except I can't block you :D - kidding!!!
🤣😂😹🤷🏼
Another one in the books and “muy jugoso como siempre” …… so much delicious content not sure what to respond to first but once again Kanneman is a good topic and thought provoking and pertinent not only to horology c
🥂 CHEERS 🍻
Never heard "jugoso" until today... I will now never forget it! Thanks. :)
I believe you've addressed a concept similar to high-agency ignorance before. Perhaps it was the intellectual hibernation passage from a while back? It had to do with removing a specific watch brand from taking up your cognitive bandwidth. Perhaps I am conflating disparate missives?
Nonetheless, I take academic license here and relate those dispatches to the concept of "reducing one's surface area" as described by Shane Parrish. As the river of information grows exponentially, we are wise to step away an limit how water much we try to drink from it.
I agree, I think I have... Although, something weird has happened with Substack - when I create any posts (newsletter or otherwise) I add many keyword tags in the back end - this helps with indexing, and it used to help with searching too. Somehow, I can no longer search within the newsletter sections... only the long-post section. I therefore can't find half the stuff I want to. For example, I did a newsletter about Dubai Watch Week... If i search 'dubai' it doesn't come up!
Anyway, yes, agreed - the Parrish analogy is a good one - and also, the idea of 'increasing your luck surface area' (James Clear and many others say similar things) is a metaphorical antonym... perhaps. The rivers and buckets analogy I mentioned a week or two ago - that was from here: https://sketchplanations.com/rivers-and-buckets
Good discussion of luxury, but a bit incomplete.
There’s also the facet of giving a product more attention to detail than “required” to service its function.
Now that’s not the sole definition. But I feel it’s part of a complete one.
IMO, it is not about more attention to detail but being able to personally enjoy something in a carefree manner without value being a consideration.