~ Dan Ferris, "When to Buy and When to Sell," Stansberry Investor Hour, 10:30 mark, November 25, 2020
Showing posts with label complex systems. Show all posts
Showing posts with label complex systems. Show all posts
Nov 26, 2020
Dan Ferris on central banking
People actually believe that a few numbskulls with advanced degrees and finance pedigrees can control and manipulate a hopelessly complex 20 trillion dollar economy from the top down with these simple levers of moving interest rates around, printing money, buying securities. It's ridiculous.
Jan 9, 2016
Katniss Everdeen on centralized systems
It must be a fragile system if it can be brought down by just a few berries.
~ Katniss Everdeen, visit from President Snow in Catching Fire
~ Katniss Everdeen, visit from President Snow in Catching Fire
Feb 23, 2014
Nassim Taleb on Platonicity
Medieval man was a cog in a wheel he did not understand; modern man is a cog in a complicated system he thinks he understands.
~ Nassim Taleb, The Bed of Procrustes, p. 57
~ Nassim Taleb, The Bed of Procrustes, p. 57
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