A note from Daniel

A couple of lessons you can learn about bubbles are, first, that your assumptions about the future influence your future and, second, that success can sow the seeds of failure. When you assume a good time is going to carry on indefinitely, you make decisions that can have far-ranging impacts on your lifestyle down the road. And when it comes to successful products, making something ubiquitous is not the same as making it indispensable.

Daniel The Great Mental Models, Volume 4, page 191 · December 31, 2024 Save to shelf
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