“He describes mbm and its applications in two of his books the science of success and good profit”
Books mentioned in Charles Koch — CEO of Koch Industries | The Tim Ferriss Show
From The Tim Ferriss Show · 2019-08-21
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“He describes mbm and its applications in two of his books the science of success and good profit”
“and I'm probably gonna pronounce this name so you can correct me but Ludwig von Mises or Ludwig von Mises I'm not sure no reg von Mises there we go yeah the human action”
“there's a huge difference between conceptual knowledge and personal knowledge and he uses an example of a concert violinist okay the first thing a concert somebody wants to be a concert violinist first how do I hold the violin how do I move my hands how do I make notes and and so they focus on the parts and after these parts become natural like the violin and becomes an extension of your hands you don't have to think about how to use your hands but that's what he calls personal knowledge as opposed to conceptual knowledge”