A pheonemna that really interests me is when advice from smart people clashes and there appears to be a contradiction.
However I don’t think there is actually a contradiction. Usually the contradiction can be resolved in one of 3 ways:
1) One or both people are wrong
2) They are actually both right, but they are describing different circumstances. For example the advice for a B2B business is different than that of B2C. Or what is useful advice for 5 year old may not be useful for a 25 year old. Overgeneralizing causes these different circumstances to be conflated and creates an apparent contradiction.
Note that most advice comes from people abstracting patterns from their experiences and since they likely had very different circumstances most of their advice doesn’t apply to you.
3) They are describing the same circumstance, and what they’re really describing are two different schools of thought, each viable. There is often more than one correct way to solve a problem.
Advice is not universal. It can only apply to finite number of circumstances and remain correct. But not all advice is created equal. Some statements apply to more situations than others, such as the golden rule: “Do to others as you want them to do to you.”
But even the golden rule as it’s limitations. People have come up with the platinum rule that describes even more circumstances than the golden rule. The platinum rule says: “treat others as they would like to be treated”.
What I am describing is partial truth. Things can be true but some things are more true than others.
I just wrote this post, attempting to resolve the contradictory advice given by Sean Ellis and Ash Maurya on pricing.