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Even Isaac Newton gotten taken in the South Sea Bubble. The allure of quick wealth, especially when everyone around you seems to be doing it can is very powerfu
by seiferteric 4y ago
Even Isaac Newton gotten taken in the South Sea Bubble. The allure of quick wealth, especially when everyone around you seems to be doing it can is very powerful.
- Affric 4y agoYou say "even" but for all his genius (gravitation, discrete calculus) Newton was a bit of a crank: 1. Drinking mercury in pursuit of eternal life 2. Predicting the apocalypse in 2060 (yet to be disproven) 3. Superstition around the number 7 4. Attempted alchemy This is not to say he was more or less superstitious than others. Just that extensive expertise in one or even many domains does not translate into expertise in all domains. I think you are onto something with the allure of quick wealth. The decision makers at SVB and Credit Suisse were paid to be prudent.
- teruakohatu 4y agoTo understand Newton, you must know he was not the first scientist, rather he was the last alchemist.