No. of Recommendations: 3
Individual investors and traders who consistently believe they’re smarter than the collective human intelligence of the market often end up in deep trouble. Societies that believe the collective human intelligence of the market is smarter than the Tao seem destined to do the same.
Our current economic system rewards left-hemispheric dissociation, mastery of abstractions and sometimes even sociopathic detachment. So it makes sense that wealthy executives tend to be more isolated. But even into second and third generation wealth, their kids often can’t know who their friends really are, or engage in society in the healthy ways they want to. Philanthropy is obviously great, but because it’s often a one-way flow of resources, it doesn’t really impact the donor’s ability to genuinely integrate with the world; to receive.
https://open.substack.com/pub/whatsimportant/p/is-... 