Our beliefs can calcify and harden in the presence of contradictory information
You are 2.0 software running in 200,000 year old hardware
He is trained to offer a rebuttal to every objection.
No client received the returns
I’m not going to leave it there
Investors have an exceptionally poor track record realizing they have been swept up by the market
Almost all financial regulation is a sort of balancing act between freedom and safety
A true financial emergency will likely be something you don’t see coming
Theory and contradictory evidence can co-exist and can still reveal truths
Deciding whether to do something isn’t just about whether or not it’ll work.
Americans are spending $4.5 trillion a year.
It contains all the patterns of the stock market but you have no idea what the data means.
Do we need a recession?
An LBO, of course, wasn’t so much a solution to the problem as an end to it.