Humans are prone to live in the near term.

Our recency bias.

Besotted to the exponential moving average.

It can be a very dangerous inclination indeed.

We assume that because things are the way they are now that they were always that way — and so will stay that way forever.

Funnier still, we think that we will stay the same forever.

What could possibly change?


Especially the things we are most certain about.

They are guaranteed to change;

Nothing becomes history faster than today.