The Lindy Effect
đ°ïž Why Time is the Best Bullshit Detector
Happy Friday Binanciers!
A wealth advisor colleague called me a few days ago. His father-in-law just went all-in on Ethereum after âdoing his researchâ. Smart contracts, DeFi, the whole pitch.
Then came the inevitable question: "Why are you still Bitcoin-only? Aren't you worried about missing out?".
My response was simple: "If you had to bet on what survives the next 100 years - the Bible or âThe Let Them Theoryâ by Mel Robbins (Amazonâs best selling self-help book of the week).
He paused. "The Bible, obviouslyâ.
"Exactly" was my response.
That's the Lindy Effect in action. And it's the single most powerful filter for separating signals from noise in investing.