I Fought The Law (And The Law Won), Vol. 2

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5 • 928 Ratings

🗓️ 22 May 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

We celebrate the breaking of rules, but… laws? Not so much. This week, David returns to this episodic series to cover six more laws that will level up your game and make you smarter, happier, and richer.

(5:08) Newton’s First Law of Motion
(11:16) Arthur C. Clarke’s Second Law
(16:07) Sutton’s Law
(24:47) Amara’s Law
(32:15) Cunningham’s Law
(37:17) Hofstadter’s Law

Transcript

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0:00.0	I'm breaking rocks in the hot sun I fought the law and the law one I fought the law and the law one I needed money because I had none I fought the law and the law one the song writer was sunny Curtis the year was
0:18.3	nineteen fifty eight I wasn't around back then to hear it but then again in this century Rolling Stone put it as number 175
0:27.2	on the 500 greatest songs of all time list. The crickets recorded it in 1959 as Sunny Curtis took the place of guitar from Buddy Holly who tragically been lost to a plane crash
0:42.7	earlier that same year.
0:44.8	Speaking of laws, yeah, there are two right there.
0:47.7	I just mentioned the law of gravity
0:49.8	and the law of mortality.
0:52.1	Two laws.
0:52.9	To me, rules, what we normally talk about on this podcast,
0:56.9	rules govern many aspects of our lives,
1:00.0	but are often, as is said, made to be broken and breaking rules is what we're all about on
1:06.0	this podcast breaking rules and investing in business and in life rules are just
1:12.3	rules laws laws Rules are just rules. Laws? Laws are different. Laws? Well, at least how I'm
1:18.4	framing them here this week run deep. The consequences of fighting them are not good.
1:25.2	Many of them are natural, like the natural law of entropy that matter over time gravitates to its
1:31.5	lowest most disorganized state.
1:34.0	That's the natural law of entropy.
1:36.3	Other laws are societal choices.
1:39.4	Thou shalt not steal.
1:41.0	Well this week I want to bring you a foolish set of laws that apply to
1:44.0	investing business in life. Some are sublime, some are silly, each will be
1:48.7	explained and illustrated the aim? Well what the Motley Fool's aim always is to make you smarter, happier,
	...

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