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Motley Fool Hidden Gems Investing

Range, Grit, and Predicting Business Success

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 15 November 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

Is it better to be a generalist or a specialist? Can you ever have too much grit? And what do birds and frogs have to do with business success? On this week’s show, we revisit our conversation with David Epstein, author of the New York Times bestseller Range: Why Generalists Triumph in a Specialized World. Thanks Netsuite. Get the FREE guide, “7 Key Strategies to Grow your Profits” at www.NetSuite.com/Fool.  You can pay what you want and the first $50 is on LinkedIn. Just visit www.LinkedIn.com/Fool. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Thanks to LinkedIn for supporting this week's Motley Fool Money.

0:02.3

LinkedIn Jobs screens candidates with the hard and soft skills you're looking for,

0:06.0

so you can hire the right person fast. Find the right person with LinkedIn jobs,

0:10.5

get $50 off your first job post at LinkedIn.com slash Fool. Also this week,

0:16.7

we're brought to you by NetSuite, the Business Management software that handles every aspect of your

0:21.2

business in an easy-to-use cloud platform. Download their free guide, seven key strategies to

0:26.3

grow your profits today at NetSuite.com slash Fool.

0:34.9

Everybody needs money. That's why they call it money.

0:46.1

From Fool Global Headquarters, this is Motley Fool Money. It's the Motley Fool Money Radio Show.

0:51.2

I'm Chris Health. Thank you so much for listening. This week, we are actually off at our company's

0:55.7

annual meeting, so we're revisiting one of our most popular shows of the year,

1:00.2

a conversation with bestselling author David Epstein. He joined me in front of a live audience

1:05.0

at an investing conference. David Epstein has master's degrees in environmental science and journalism.

1:11.7

He's been a senior writer for Sports Illustrated, and he's the author of the New York Times bestseller,

1:16.8

the Sports Gene. His new book is Ranged, Why Generalist Triumph in a Specialized World.

1:23.6

During our time on stage, we discussed a wide range of topics, including Tiger Woods,

1:28.5

Roger Federer, True Learning, and the case for inefficiency. But my first question for David

1:34.7

was where he got the idea for his new book. The idea sort of still did grow out of the first book,

1:40.5

so the first book was about the balance of nature, nurture, and athleticism,

1:45.4

and I was invited to the MIT Sloan Sports Analytics Conference, co-founded by the General Manager

1:50.9

of the Houston Rockets, to debate Malcolm Gladwell. It's 10,000 hours versus the Sports Gene.

1:56.2

It's up on YouTube. I'd never met him before, and he's very clever, and I didn't want to get

...

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