Morgan Housel

A fascinating book about the complexity of something that seems basic. One example: Trees that grow up in their mothers’ shade grow slowly, because their moms block most of the sun. Slow growth leads to dense wood, which leads to a strong tree. Trees that instead grow in the open sun, without their mom’s shade, grow very fast, gorging on all the light they can absorb. But fast growth leads to soft wood, which is susceptible to rot and fungus. That analogy – grow fast at your own peril – applies to many fields, as do several of the lessons in this book.