2 ms·
Turns out that even extremely intelligent people believe obviously stupid things. Believing that we're immune to it is a trap that many in this industry fall i
by busterarm 7y ago
Turns out that even extremely intelligent people believe obviously stupid things. Believing that we're immune to it is a trap that many in this industry fall into.
The number of times I've heard colleagues argue for things that are ignorant, illegal or unethical in my career is too many to count at this point.
- anthony_r 7y agoI think nobody thinks this particular thing is unfair. It's a move of desperation. It's much more ridiculous than unfair, shows you bad things really are. The borrow-buyback scheme that has been going on for years now is highly unethical and will probably blow up, though. I'm short on corporate credit for this reason.