Ignorance breeds confidence. That’s the Dunning-Kruger effect. And it shows up everywhere… especially in podcasts. Most podcasts interview successful people. They tell you:
Follow their habits, and you’ll succeed. That’s the story. It’s also incomplete. What you don’t hear about is luck.
They rarely interview the hundreds of people and got nowhere. That’s survivor bias. You’re seeing the winners, not the odds. And this is where Dunning-Kruger fits in. If you don’t know what real competence looks like, it’s easy to feel confident. But when you do understand it, you realise how much is uncertain. That’s the truth most people miss. Which is why I don’t pretend to know You don’t know. The data knows. That’s why I focus on building multiple small assets. You put things out. That’s how you reduce luck. Stacking and compounding aren’t just strategies. They’re how you find reality. Regards, P.S. Most people don’t fail because the strategy is wrong… This helps you replace opinion with data: (If you’re outside the USA, use a VPN with a US node for best results.) |
