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When your observation is that the entire financial world is being irrational and you have an obvious solution, many thoughtful people would reflect upon their o
by bpodgursky 1y ago
When your observation is that the entire financial world is being irrational and you have an obvious solution, many thoughtful people would reflect upon their own priors.
- roommin 1y agoIt isn't irrational if you frame it as people with power aligning with the choices that reward them with power.
- Arainach 1y agoThe same financial world whose rationality has led companies[1][3] and economies[2] to ruin over and over? Rational doesn't mean sustainable or wise. [1]: https://bhc3.com/2009/05/11/when-being-rational-kills-your-business-clayton-christensen/ https://bhc3.com/2009/05/11/when-being-rational-kills-your-b... [2]: https://en.wikipedia.org/wiki/2008_financial_crisis https://en.wikipedia.org/wiki/2008_financial_crisis [3]: https://news.ycombinator.com/item?id=45745382 https://news.ycombinator.com/item?id=45745382