3 ms·

you can make a decent living in all kinds of nonsense if you can either find a way to predict collective mood swings or just get lucky. with millions of people

• bl4ckcontact 5y ago
  But at what point do we qualify something/someone as “smart”? I’d argue that someone that’s getting lucky over and over again are clearly on to something. As the saying goes: “You create your own luck”.
  • pooper 5y ago
    > But at what point do we qualify something/someone as “smart”? That's a good point. We can only give our guess based on what we know. For example, people regarded Alan Greenspan as "smart" before 2008. I now think he is an idiot at best and a horrible, malicious person at worst (the truth is probably somewhere in between). Maybe things will change in a few decades and people will then recognize him as "smart" again? It is pretty silly trying to predict the future. > I’d argue that someone that’s getting lucky over and over again are clearly on to something. As the saying goes: “You create your own luck”. I present Sir Isaac Newton as a counterexample. Clearly a smart person but just because someone is smart does not mean he was right about everything. In fact, we know now that his nonsensical "work" with alchemy killed him. I am positive that this fad will fail. I am just annoyed that now the name web3 is taken by this nonsense.
• everfree 5y ago
  Most of the entertainment industry is about predicting collective mood swings.
• jboy55 5y ago
  People made good money selling Beanie Babies, Baseball Cards and other fads... at the beginning of those.