meta_pixel
Tapesearch Logo
Log in
Optimal Finance Daily - Financial Independence and Money Advice

3055: Everyone Else Could Be Wrong by Steven Keys of Trip Of A Lifestyle on Intentional Living

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 27 February 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3055: Steven Keys challenges conventional wisdom, highlighting how herd mentality can lead to poor choices in finance, lifestyle, and beyond. By seeking out unconventional perspectives, prioritizing logic, and boldly carving your own path, you can break free from societal norms and create a life that truly fits you. Read along with the original article(s) here: https://www.tripofalifestyle.com/perspective/everyone-else-could-be-wrong/ Quotes to ponder: "You really shouldn’t go along with anyone, majority or minority, blindly." "Even if you ask more people or find more resources, you’ll have a psychological tendency to ignore the outliers, even when they’re actually correct." "When you open yourself up to the possibility of thinking differently from everyone else, you set yourself free." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Ready to launch your business? Get started with the commerce platform made for entrepreneurs.

0:04.8

Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.

0:12.5

Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.

0:17.5

From startups to scaleups, online, in, and on the go. Shopify is made for

0:22.9

entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.

0:30.6

This is Optimal Finance Daily. Everyone else could be wrong by Stephen Keyes of Tripofa Lifestyle.com.

0:39.8

When a major decision needs to be made and you're no expert on the issue at hand,

0:45.2

you probably do the same thing most people do.

0:48.7

Ask around.

0:50.0

Like if you don't know the first thing about what investments to pick in your 401k,

0:54.8

it's pretty normal to ask a few coworkers what they think, and then maybe compare their answers

1:00.0

with a quick Google search. It makes sense. I call it the journalist method. When a reporter has

1:07.1

to write a story about something really complicated like some new discovery in

1:11.4

particle physics they need to do some research first but they can't possibly

1:16.7

learn physics from the ground up just for one article instead they grab three or

1:22.2

four people who know about the topic ask them to explain it and summarize what

1:27.1

they hear this This usually works

1:29.0

pretty well. There are two big problems with the journalist method, though. The first is that

1:35.5

sometimes, by only checking with a few sources, really important info gets left out. Actually, when

1:42.4

you're just asking a few friends or scanning the first few

1:45.7

results of a Google search, it's pretty easy to reach the wrong conclusions. The second

1:51.7

problem is even worse, though, because it's part of the way you think. Even if you ask more people

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.