If our value formula is predicated on the value formula of random people who happen to be "close" to us, then what everybody thinks valuable would be amplified in value, meaning its value is less than we think. By the same logic, the "worthless" things that are hidden from most people's view are actually worth more than what people value it for.
This is why you need to think really deeply about what you want to work on. There is more to see out there than our mimetically blinded eyes can see. What's out there is the only thing that actually matters since it has the value that we need to capture.
Don't follow the crowd, instead, find things that are interesting to you, you can be uniquely good at and that are also valuable for society. It's ok if those things are undervalued by society, it's better if anything because * The only valuable things are the worthless things.
The key to generating excess returns is to not only be skillful but to find attractive "games" - situations where you can see where your excess returns are likely to come from. * The only valuable things are the worthless things
* The only valuable things are the worthless things. The things that seem valuable to everyone are actually less valuable because their value is amplified via mimetic feedback loops. The things that seem worthless are actually where the real value is.