Lindy Effect - for Making wiser decisions

#74: Applying Lindy's effect to optimize your life

The Lindy Effect, also known as Lindy's Law, is the idea that the future life expectancy of a non-perishable thing or idea is proportional to its current age.

For example, if a book has been in print for forty years, it can be expected to be in print for another forty years.

The longer something lives, the longer it will live in the future too.

Although it may not fit all the cases, — it is true for the majority of cases.

How to use the Lindy effect as a decision-making strategy?

When choosing your next book, choose the one that is older and famous (still relevant to the date).

Choose the method or framework that dates back so long and is still used.

Choose a tool or app that existed for at least a decade.

Business ideas, investment strategies, psychological tricks, etc. The list goes on.

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In the modern world of

hopping to a ‘new’ trend that is not stable yet,

jumping to any ‘new’ bandwagon just for the sake of jumping,

inability to control the urge to change to the new tool/app which seems to be so hot for the past few days,

and quickly switching to new (unproven) strategies in the name of adapting

Lindy Law (aka Lindy effect) looks like a counterproductive rule.

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When you aim for decisions to bring longer impact and steady or promising growth, with very little risk, then keep the Lindy effect in mind.