3 ms·
> Never attribute to stupidity that which is adequately explained by opportunity cost "Why didn't we invest in long term issues?" (say virus research...) Beca
by maerF0x0 7y ago
> Never attribute to stupidity that which is adequately explained by opportunity cost
"Why didn't we invest in long term issues?" (say virus research...)
Because I can make lots in finance this quarter."
As I understand it humans have (at least) 2 really big problems in rational thought: 1) A bias towards the short term and 2) unknown unknowns (cue Nassim Taleb)
Never attribute to higher order stupidity that which can be attributed to lower order brain functions.