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The Psychology of Money with Morgan Housel Podcast
Intelligence vs. Smarts

Intelligence vs. Smarts

The Psychology of Money with Morgan Housel vor 3 Jahren

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14:48

This episode is about the difference between intelligence and
smarts, and why one is valued more than the other despite being
less useful in the world.

The core here is realizing that people are not spreadsheets. They
are emotional, hormonal, misinformed, status-seeking, insecure
creatures trying their best to make it through the day. So if you
have to choose between understanding how the world should work in
theory vs. how it actually works in practice, lean towards the
latter. It’s like historian Will Durant once said: “Logic is an
invention of man and may be ignored by the universe.” That is so
smart.