1- Comedy is about misdirection
2- Laughing is an adaptive behavior to stay calm under stress & deal w/ pain
3- The logic of comedy can make you a better investor
4- Comedy is a way to introduce new ideas into society
What a comedian does is give you 10% of the information and your brain fills in the rest.
A punch line is a single piece of information that shows that your assumptions about the facts and the logical structure of all the information that you heard was wrong.
The neurobiology behind comedy is basically from sparring; a stress release mechanism
When animals are wrestling they laugh to indicate to the other partners that everything's okay.
"We're all good, even though we're fighting. "
The other is to laugh it off & keep searching
When you start losing, & you get stressed, you make worse decisions.
If you can remain calm and upbeat, & at peak performance, even when you're getting punched in the jaw, it's an unbelievable competitive advantage.
Laughing losses off helps redirect focus
Studying comedy means learning how to consider orthogonal perspectives that would surprise others.
You can use that to ask Q's like "What would happen if a new regulation or technology came out tomorrow? How would that change the structure of this market?"
if you actually want to know what's kind of on the edge of popular society, hang out at a comedy club.
Humor is the mechanism where we sort out the grey area of what can&can’t be said
hypothesis: laughter is the sound of comprehension.
And so we're trying to navigate what the rules of it should be without even talking about what its function is.
If you cut that off and say, 'you can't say that', well, then, how exactly do we figure out where the line is?
One has to step beyond the line to figure out where the line is,& if the room laughs, now you know something
Humor treads at the edge, the fringe of consciousness, and that what happens when a comic finds a truly funny joke, is that they're unearthing a truth that people are only kind of aware of but it's so universal that the whole room suddenly grasps it.
A great comedian is like a sniper: They take out the hostage taker and they leave the hostage intact.