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“Bill Ackman is not creative, not particularly intelligent, yet worth 7 billion dollars. You have to ask yourself why? and it’s because he’s hyper aggressive and well connected.”
-Tucker Carlson https://t.co/GCrsA2LIVq
Uncommon Sensex.comNew is overvalued relative to great.
Ray Dalio • Principles: Life and Work
Third, this constant and pointless demand for financialization will create political and business opportunities to better facilitate it.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
We need to go back to the lessons of Monopoly, where you buy real estate for the rents, not the appreciation.
Harry S. Dent Jr. • The Demographic Cliff
Australia also has a real estate bubble that
Harry S. Dent Jr. • The Demographic Cliff
The economy is not a closed static equilibrium system; it is a system perpetually open to novel behavior, and complexity economics forces us to keep this in mind.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Ronald Read was patient; Richard Fuscone was greedy. That’s all it took to eclipse the massive education and experience gap between the two.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
- Low interest rates and the intentional birth of the American consumer.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
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