Klement on Investing • 6 implied HN points • 04 Feb 26
- Power changes how people think: those with power rely more on fast, intuitive thinking and focus on core information, which helps quick decisions but makes them ignore peripheral details.
- Power brings downsides: it fuels overconfidence, reliance on personal experience, dehumanisation of subordinates, and a higher risk of corrupt or self‑serving behaviour, so unchecked power harms organisations.
- Who gets power often depends on perceived intelligence and social reputation rather than objective competence, and once in power people are seen as more competent, creating a self‑reinforcing cycle that makes governance and oversight essential.