He Was Ignorant, But A

The World Clings To Its Old Mental Picture Of The Stock Market Because It’s Comforting; Because It’s So Hard To Draw A Picture Of What Has Replaced It; And Because The Few People Able To Draw It For You Have No Interest In Doing So.

If You Have A Patient In A Doctor's Office Who's Just Been Told They Have Terminal Cancer But There's This Operation They Could Perform Right Now That Might Save Their Lives. ... They Have A 90 Percent Chance Of Surviving The Operation — If You Tell Them That, They Respond One Way. If You Tell Them ... That They Have A 10 Percent Chance Of Being Killed By The Operation, They Are About Three Times Less Likely To Have The Operation.

It Is The Nature Of Being The General Manager Of A Baseball Team That You Have To Remain On Familiar Terms With People You Are Continually Trying To Screw.

One Absolutely Cannot Tell, By Watching, The Difference Between A .300 Hitter And A .275 Hitter. The Difference Is One Hit Every Two Weeks.

All Of A Sudden The Market Is All About Algos And Routers.