I subscribe to the Farnam Street blog 'Brain Food' newsletter, this week's 'Tiny Thought' was a ripper.
In every area of life, there is a hidden asymmetry. If you apply your focus like everyone else, you will get the same results as everyone else. Understanding where to apply your focus makes a massive difference in results.
Everyone knows that focus matters. Most people don’t know where to focus. Telling people “to focus more” is about as helpful as telling them to “make better decisions.” Common advice but useless in practice.
Not all focus is equal. Some focus is asymmetric. Knowing where to focus makes a difference.
How do you know where to focus? The answer is a deep fluency in the problem. You need to embed yourself in the problem and the details. You need to try things, reflect, and learn. Sooner or later, you start to understand the hidden asymmetry.
A lot of business people treat all decisions the same, no matter the implications. They’ll spend as much time trying to decide a trivial decision as a major one. A lot of authors focus on the work and miss that how it’s positioned for the audience matters more. A lot of people go to the gym 4 days a week only to miss that what goes into their body and the amount of sleep matter more.
The visible problem might appear to be a lack of focus, but the invisible problem is often not knowing where to focus to get the best results.
In any field, a few areas of focus make an asymmetric difference. Often they're hiding in plain sight and ignored by most.
One place to find asymmetry is to listen to people talk about others' success … “that book sold a lot, but did you read it, it’s not well written.” That’s an indication that the quality of writing matters less than you think and something else matters more. Or consider the person that explains another person’s success away with “luck.” There might be an element of luck to it, sure, but when you pull back the curtain, I bet you discover they’re focusing a little bit more on something different. Success leaves clues.
What looks like a lack of focus is often a lack of understanding.
-end-
Very relevant to what we all are trying to do in this forum, in our investing journeys, and more generally in our careers and personal lives.
Many of us talk about finding asymmetry in opportunities, and found this to be very relevant and how we can apply this same logic in a different way, but also for different situations or aspects of life.